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    <description>Regulation 2 provides definitions for the Issue of Sweat Equity Regulations, defining sweat equity shares with reference to the Companies Act and specifying terms such as associate, control, employee, director, merchant banker, registrar, statutory auditor, recognised stock exchange, and valuer. It designates a valuer as a Chartered Accountant or registered merchant banker for valuing intellectual property or other value additions, and mandates that undefined terms adopt meanings from the SEBI Act, the Securities Contracts (Regulation) Act, or the Companies Act and their successors.</description>
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