ESOPs

This query is : Resolved 

05 December 2020 Hi,

Can you please give your thoughts on below given query.

As per Guidance note on ESOP, Company has to take valuation report at the time of granting of ESOPs.
What if Company has not taken any valuation report and time limit of 180 days ahead of grant date also got expired?

Thank you

06 December 2020 Companies Act and Income Tax Act will get non-complied and company shall not be able to issue ESOPs.


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