sweat equity shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2011
while studying sweat equity shares concept,i
came across with sentence"THE SHARES SHOULD BE OF A CLASS OF SHARES ALREADY ISSUED".
what does above sentence mean.please clarify me
came across with sentence"THE SHARES SHOULD BE OF A CLASS OF SHARES ALREADY ISSUED".
what does above sentence mean.please clarify me
21 February 2011
"The shares should be of a class of shares already issued" means the sweat equity share
will not be treated differently but will be at par with the shares which had already been issued by the company to other shareholders.
SES will not form a separate category as such.
will not be treated differently but will be at par with the shares which had already been issued by the company to other shareholders.
SES will not form a separate category as such.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Tds on commission charges
- GST ITC REVERSE
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Renovation exp. in flat by family member
- Consolidated financials
- FAST-DS Scheme - Foreign Assets
- New GST registration for new place of business.
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
CCI
Pro
CAclubindia
