Sweat Equity Shares Issue
This query is : Resolved
13 June 2023
Can a company issue sweat equity shares for services to be received in future? Kindly quote with section
13 June 2023
Yes, it can be issued.
The term “sweat equity shares” refers to shares that a firm issues to its directors or workers in exchange for contributing intellectual property rights, know-how, or any other kind of value addition in exchange for non-cash consideration or at a discount.
The term “sweat equity shares” refers to shares that a firm issues to its directors or workers in exchange for contributing intellectual property rights, know-how, or any other kind of value addition in exchange for non-cash consideration or at a discount.
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