https://www.taxtmi.com/acts?id=14644 Definitions for issuing sweat equity by unlisted companies specify that Asset means a company-controlled resource yielding future economic benefits; employee includes permanent employees and whole-time or executive directors; Intangible Asset is an identifiable non-monetary asset without physical substance used in production, rental, or administration; share price is determined on a net worth basis; and value addition covers anticipated economic benefits from know how or intellectual property type rights provided without separate monetary consideration and outside normal remuneration. en-us Fri, 03 Jun 2011 17:36:16 +0530 Fri, 03 Jun 2011 17:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14644 Definitions for issuing sweat equity by unlisted companies specify that Asset means a company-controlled resource yielding future economic benefits; employee includes permanent employees and whole-time or executive directors; Intangible Asset is an identifiable non-monetary asset without physical substance used in production, rental, or administration; share price is determined on a net worth basis; and value addition covers anticipated economic benefits from know how or intellectual property type rights provided without separate monetary consideration and outside normal remuneration. Act-Rules Companies Law Fri, 03 Jun 2011 17:36:16 +0530 https://www.taxtmi.com/acts?id=14644