Applicability of sweat equity regulations: unlisted companies exempt, but those seeking IPO must follow disclosure guidelines. Regulation 3 provides that the sweat equity regulations do not apply to an unlisted company, except that an unlisted company issuing sweat equity shares in connection with an initial public offering and seeking listing must comply with the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.
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.
Applicability of sweat equity regulations: unlisted companies exempt, but those seeking IPO must follow disclosure guidelines.
Regulation 3 provides that the sweat equity regulations do not apply to an unlisted company, except that an unlisted company issuing sweat equity shares in connection with an initial public offering and seeking listing must comply with the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.
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