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.


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