Sweat equity shares defined: framework specifies associate, control, employee, valuer and statutory cross references for interpretation. Regulation 2 provides definitions for the Issue of Sweat Equity Regulations, defining sweat equity shares with reference to the Companies Act and specifying terms such as associate, control, employee, director, merchant banker, registrar, statutory auditor, recognised stock exchange, and valuer. It designates a valuer as a Chartered Accountant or registered merchant banker for valuing intellectual property or other value additions, and mandates that undefined terms adopt meanings from the SEBI Act, the Securities Contracts (Regulation) Act, or the Companies Act and their successors.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Sweat equity shares defined: framework specifies associate, control, employee, valuer and statutory cross references for interpretation.
Regulation 2 provides definitions for the Issue of Sweat Equity Regulations, defining sweat equity shares with reference to the Companies Act and specifying terms such as associate, control, employee, director, merchant banker, registrar, statutory auditor, recognised stock exchange, and valuer. It designates a valuer as a Chartered Accountant or registered merchant banker for valuing intellectual property or other value additions, and mandates that undefined terms adopt meanings from the SEBI Act, the Securities Contracts (Regulation) Act, or the Companies Act and their successors.
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