(1.) HEARD the learned counsel appearing for the petitioner and the learned Additional Government Pleader, appearing on behalf of the respondents.
(2.) BY consent of both the parties, the writ petition is taken up for final hearing and disposal.
(3.) IN view of the submissions made by the learned counsels appearing on behalf of the petitioner, as well as the respondents, the order of the first respondent, dated 06.04.2011, made in SP.No.11/2011 in AP.V.No.23/2011, is modified, permitting the authorised representative of the petitioner firm to furnish a personal bond, for the balance of the tax and penalty amount of Rs.3,23,792/-, instead of furnishing a bank guarantee for the said amount, within a period of two weeks from today. The writ petition is ordered accordingly. No costs. Connected M.P.No.1 of 2011 is closed.