Sweat equity issuance allows listed companies to allocate shares to employees and directors under regulatory framework. A company whose equity shares are listed on a recognized stock exchange may issue sweat equity shares in accordance with Section 79A of the Companies Act, 1956 and the Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002 to its employees and its directors, subject to the conditions and procedures set out in the Act and these Regulations.
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 issuance allows listed companies to allocate shares to employees and directors under regulatory framework.
A company whose equity shares are listed on a recognized stock exchange may issue sweat equity shares in accordance with Section 79A of the Companies Act, 1956 and the Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002 to its employees and its directors, subject to the conditions and procedures set out in the Act and these Regulations.
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