Register of sweat equity shares ensures recording of allottee, consideration, issue date and lock in details. The schedule prescribes the mandatory format of the register of sweat equity shares, requiring for each allotment: folio/certificate number, dates of resolution and issue, allottee name and status, reference to register of members, number of shares, face value, issue price, total consideration paid, and the lock in period end date.
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Register of sweat equity shares ensures recording of allottee, consideration, issue date and lock in details.
The schedule prescribes the mandatory format of the register of sweat equity shares, requiring for each allotment: folio/certificate number, dates of resolution and issue, allottee name and status, reference to register of members, number of shares, face value, issue price, total consideration paid, and the lock in period end date.
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