Hi,
can Trust hold the shares of the Company? is there any notification in this regard?
vivek
(CS)
(751 Points)
Replied 07 July 2010
Why not is there any restriction? number of companies offer ESOP through trust route and trust is holding share till vesting in it's name.
Others views solicited.
Regards,
CS Vijay Daxini
(At Practice)
(732 Points)
Replied 20 July 2010
yes trust can hold shares through trustees refer membership chapter frm recognised authors book n case law
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