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          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.

          <h1>Sweat equity approval: promoter employee issuances require separate resolutions, simple majority and exclusion of promoters from voting.</h1> Regulation 32 requires that the explanatory statement to the general meeting notice include Schedule II disclosures for a special resolution under section 54, that each sweat equity issue be approved by a separate resolution, and that sweat equity to promoter group employees be approved by simple majority with postal/e voting and exclusion of promoters from voting, with the resolution having a limited validity period.

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