https://www.taxtmi.com/acts?id=13855 Petition to sanction the issue of shares at a discount must be in Form No. 17; where the proposed discount exceeds the standard threshold, the petition must include an order of the Central Government authorising the higher rate and the documents specified in Appendix II. The rule notes that the Court's powers have been conferred on the Company Law Board by amendment. en-us Tue, 31 May 2011 10:44:18 +0530 Tue, 31 May 2011 10:44:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=13855 Petition to sanction the issue of shares at a discount must be in Form No. 17; where the proposed discount exceeds the standard threshold, the petition must include an order of the Central Government authorising the higher rate and the documents specified in Appendix II. The rule notes that the Court's powers have been conferred on the Company Law Board by amendment. Act-Rules Companies Law Tue, 31 May 2011 10:44:18 +0530 https://www.taxtmi.com/acts?id=13855