https://www.taxtmi.com/acts?id=6714 The notification prescribes that Employee Stock Option Plans or Schemes must be documented and comply with specified conditions: total shares available, eligible employee classes, pricing formula at grant or exercise, allocation basis, shareholder approval process, lock-in periods, valuation basis for unlisted shares, and transferability restrictions; promoter and promoter-group members and certain directors are ineligible; issuers must comply with securities regulations and file the plan document with the tax jurisdictional authority within the prescribed period, with definitions for key terms provided. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 03 Mar 2009 10:52:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6714 The notification prescribes that Employee Stock Option Plans or Schemes must be documented and comply with specified conditions: total shares available, eligible employee classes, pricing formula at grant or exercise, allocation basis, shareholder approval process, lock-in periods, valuation basis for unlisted shares, and transferability restrictions; promoter and promoter-group members and certain directors are ineligible; issuers must comply with securities regulations and file the plan document with the tax jurisdictional authority within the prescribed period, with definitions for key terms provided. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6714