Sweat equity register: mandatory disclosure of allotment, valuation, consideration and lock in details under prescribed company form for compliance. Form SH-3 establishes the mandatory register for sweat equity shares, requiring for each allottee: reference to register of members, name, status, date of joining, dates of board and special resolutions, date of issue, number of shares, certificate/folio, face value, issue price, amount treated as paid up, cash and non cash consideration particulars, lock in period and expiry, fair value, basis of valuation, and name of the valuer.
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Sweat equity register: mandatory disclosure of allotment, valuation, consideration and lock in details under prescribed company form for compliance.
Form SH-3 establishes the mandatory register for sweat equity shares, requiring for each allottee: reference to register of members, name, status, date of joining, dates of board and special resolutions, date of issue, number of shares, certificate/folio, face value, issue price, amount treated as paid up, cash and non cash consideration particulars, lock in period and expiry, fair value, basis of valuation, and name of the valuer.
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