If anyone kindly let me know that can a private ltd co. issue equity shares for consideration other than cash out of reserves to someone who is not a director or member of a company but an employee of a co.? He has also invested some money in co. thru unsecured loan.
Menu
Issue of shares for consideration other than cash
Replies (5)
No.
A private ltd co. can not issue equity shares for consideration other than cash out of reserves to anyone.
Request you kindly guide me how to proceed if a pvt ltd. co. want to issue some shares to its employee as a goodwill gesture? Will it be termed as ESOP or something else.
Request you kindly guide me how to proceed if a pvt ltd. co. want to issue some shares to its employee as a goodwill gesture? Will it be termed as ESOP or something else.
Why don't you go for sweat equity shares u/s 79A?
Thanks Ankur for your valuable advice. I will proceed accordingly.
Recent Threads
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
- About CMP-08
- RCM List on GST
- Resignation of Previous Auditor
- Summary of GST Notification 18/2025 (Effective 1 N
Related Threads
CAclubindia
