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Promoters stock option

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(Querist)
25 June 2016 Can an unlisted company issue Promoters Stock Options
What is the procedure to be followed.
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Jatin Bajaj

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Jatin Bajaj (Expert)
25 June 2016 As per section 62(1)(b), Company cannot issue ESOP to any promoter or any of person belonging to promoter group

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