Sweat equity shares means a share allotted by a company to its directors or employees at a discount or for concessional rate for providing knowhow or any such rights in the nature of intellectual property rights by whatever name called.
Friends please explain me the underline ones.
sweat equity shares means shares alloted by company to directors or employees at discount or at a concessional rate for ...............................................The above line means the employees who provide knowhow to the company or any such right which is in the nature of Intellectual property right, the company allots shares to them normally.
SKAA & Associates
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CA Inter
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O P Bagla & Co LLP
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