https://www.taxtmi.com/caselaws?id=165546 Where partners of a warehouse-licence firm had expressly undertaken joint and several liability in the licence bond, the excise department was entitled to require each partner to furnish an individual solvency certificate for renewal of the licence. The firm's security was not treated as the exclusive source of assurance, because the partners' separate liability supported a demand for personal solvency proof from each of them. The challenge to that requirement failed, and the writ petition was rejected. en-us Wed, 12 Dec 1973 00:00:00 +0530 Fri, 01 Aug 2014 10:21:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165546 Where partners of a warehouse-licence firm had expressly undertaken joint and several liability in the licence bond, the excise department was entitled to require each partner to furnish an individual solvency certificate for renewal of the licence. The firm's security was not treated as the exclusive source of assurance, because the partners' separate liability supported a demand for personal solvency proof from each of them. The challenge to that requirement failed, and the writ petition was rejected. Case-Laws Central Excise Wed, 12 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165546