Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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of <h1>Company Restricted on Issuing Excess Sweat Equity Shares Without Central Government Approval Under Section 79A.</h1> A company is restricted from issuing sweat equity shares exceeding 15% of its total paid-up equity share capital in a year or shares valued at more than 5 crore rupees, whichever is higher. To surpass these limits, the company must obtain prior approval from the Central Government.
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