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Issue of Sweat Equity Shares for consideration other than cash.

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Full Text of the Document

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.... comply with following:-      (a) The valuation of the intellectual property or of the know-how provided or other value addition to consideration at which sweat equity capital is issued, shall be carried out by a valuer;      (b) the valuer shall consult such experts, as he may deem fit, having regard to the nature of the industry and the nature of the pro....