Giving Shares to employees

1)Can a private limited start up give shares to its employees for free because of their effort?

2) If yes, Should I refer ESOP concept or Transfer of Shares Concept (Section 56a)

3) I understand for ESOP there has to be price determined which is to be paid by the employee.

4) Also, tell me the process on how can a company transfer shares.

Replies (1)
You can consider to issue sweat equity shares

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