Dear Friends
I want some information on the law of issuing sweat equity shares to the employees or issuing shares to the employees at discount by the pvt ltd co is it same
2 Replies
CS Pawan Kumar Baid
(Company Secretary)
(1389 Points)
Replied 17 December 2009
For pvt company, only Sec 79A wud b applicable. You need not satisfy SEBI Guidelines.
CS Pawan Kumar Baid
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 18 December 2009
You have to comply with the attached Rules. Take a look.
Attached File : 33 unlisted companies issue of sweat equity shares rules 2003.pdf downloaded: 199 times
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