https://www.taxtmi.com/caselaws?id=162372 The court held that the issuance of the sales tax license implied acceptance of the surety bond, aligning with statutory provisions. Emphasizing the importance of formal acceptance of surety bonds and compliance with the law, the court set aside the Additional District Judge's judgment, restoring the trial court's decision. As a result, the suit of the plaintiff-respondents was dismissed, and the recovery sought by the defendant-appellant was upheld. en-us Wed, 13 Aug 2003 00:00:00 +0530 Tue, 25 Feb 2014 16:19:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162372 The court held that the issuance of the sales tax license implied acceptance of the surety bond, aligning with statutory provisions. Emphasizing the importance of formal acceptance of surety bonds and compliance with the law, the court set aside the Additional District Judge's judgment, restoring the trial court's decision. As a result, the suit of the plaintiff-respondents was dismissed, and the recovery sought by the defendant-appellant was upheld. Case-Laws VAT and Sales Tax Wed, 13 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162372