Sweat equity treated as managerial remuneration when issued to directors/managers for non cash consideration not recognized on the balance sheet. Regulation 11 treats sweat equity shares as part of managerial remuneration when issued to a director or manager and issued for non cash consideration ... Summary
Sweat equity treated as managerial remuneration when issued to directors/managers for non cash consideration not recognized on the balance sheet.
Regulation 11 treats sweat equity shares as part of managerial remuneration when issued to a director or manager and issued for non cash consideration that is not an asset capable of being carried to the company's balance sheet under applicable accounting standards, requiring aggregation of their value with other managerial pay for compliance with statutory remuneration ceilings.
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