https://www.taxtmi.com/article/detailed?id=16654 Preferential issue of shares under Section 62(1)(c) must not be priced below the value determined in the valuation report of a registered valuer. Where shares were allotted at Rs. 334 instead of Rs. 334.59 by rounding off the valuation, the article treats the allotment as non-compliant with Rule 13(3). It also states that later recovery of the differential amount with interest, a suo motu application, and absence of mala fide intent do not by themselves remove liability under Section 450. en-us Mon, 15 Jun 2026 09:10:56 +0530 Mon, 15 Jun 2026 09:10:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16654 Preferential issue of shares under Section 62(1)(c) must not be priced below the value determined in the valuation report of a registered valuer. Where shares were allotted at Rs. 334 instead of Rs. 334.59 by rounding off the valuation, the article treats the allotment as non-compliant with Rule 13(3). It also states that later recovery of the differential amount with interest, a suo motu application, and absence of mala fide intent do not by themselves remove liability under Section 450. Articles Corporate Laws / IBC / SEBI Mon, 15 Jun 2026 09:10:56 +0530 https://www.taxtmi.com/article/detailed?id=16654