The concept of ESOP Trust is that the options vest in the trust and as soon as the employee exercises the options, the shares are transferred to the employee..
the transfer procedure is the same as the normal transfer ie. filling up of the transfer deed etc..
so i suppose, the same process is required to be followed in your case also.
21 February 2013
OK ...In case of any such transfer in unlisted public company, do we need to go for any valuation (if the consideration per share is more than the face value)?
CAclubindia
