https://www.taxtmi.com/circulars?id=2709 Securities prescribed under Rule 23(7) include personal security furnished by another registered dealer, but bonds executed by spouse/sister concerns that share a common proprietor or partner with the applicant constitute self-security and defeat the statutory purpose; such related-party securities must not be accepted by VATOs/AVATOs and strict compliance with this prohibition is required. en-us Tue, 09 Aug 2005 00:00:00 +0530 Sat, 27 Sep 2008 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2709 Securities prescribed under Rule 23(7) include personal security furnished by another registered dealer, but bonds executed by spouse/sister concerns that share a common proprietor or partner with the applicant constitute self-security and defeat the statutory purpose; such related-party securities must not be accepted by VATOs/AVATOs and strict compliance with this prohibition is required. Circulars VAT - Delhi Tue, 09 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2709