https://www.taxtmi.com/circulars?id=11055 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. en-us Tue, 16 Mar 1993 00:00:00 +0530 Mon, 20 Jun 2011 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11055 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. Circulars Companies Law Tue, 16 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11055