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<h1>Refund orders for public issue allotment require registered posting above a prescribed threshold and attract interest for delays.</h1> Companies must dispatch refund orders for public issue allotments exceeding a prescribed threshold by registered post, with smaller refunds sent under certificate of posting; delayed refunds attract interest at a prescribed annual rate payable with the refund or duplicate refund order up to the date of actual despatch, and companies remain subject to Companies Act penal provisions for non compliance.