https://www.taxtmi.com/acts?id=14189 Petition under section 79 requests court sanction for issuing shares at a discount and must include company identity, registration, objects, authorised and issued capital details, confirmation of commencement of business, the general meeting resolution authorising the discounted issue, particulars of share class and timing, factual justification for the discount including financial position and benefits, and, where the discount exceeds ten per cent, disclosure of Central Government permission with the original order annexed. en-us Tue, 31 May 2011 17:41:27 +0530 Wed, 01 Jun 2011 11:35:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14189 Petition under section 79 requests court sanction for issuing shares at a discount and must include company identity, registration, objects, authorised and issued capital details, confirmation of commencement of business, the general meeting resolution authorising the discounted issue, particulars of share class and timing, factual justification for the discount including financial position and benefits, and, where the discount exceeds ten per cent, disclosure of Central Government permission with the original order annexed. Act-Rules Companies Law Tue, 31 May 2011 17:41:27 +0530 https://www.taxtmi.com/acts?id=14189