https://www.taxtmi.com/acts?id=40212 Regulation 37 treats sweat equity shares as part of managerial remuneration under sections 196, 197 and other applicable provisions of the Companies Act, 2013 when (i) the shares are issued to a director or manager and (ii) they are issued for non cash consideration that cannot be recognised as an asset on the company's balance sheet under relevant accounting standards. en-us Tue, 17 Aug 2021 10:20:23 +0530 Mon, 05 Aug 2024 17:23:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40212 Regulation 37 treats sweat equity shares as part of managerial remuneration under sections 196, 197 and other applicable provisions of the Companies Act, 2013 when (i) the shares are issued to a director or manager and (ii) they are issued for non cash consideration that cannot be recognised as an asset on the company's balance sheet under relevant accounting standards. Act-Rules SEBI Tue, 17 Aug 2021 10:20:23 +0530 https://www.taxtmi.com/acts?id=40212