Sweat equity shares to new companies

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According to the recent amendments, are sweat equity shares issued to new companies or they are issued after 1 year of commencement of business ?
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That restriction has been removed. It can now be issued at any time after incorporation of the Company.

 

Please refer the below article for further information on issue of sweat equity shares.

 

All about Sweat Equity (caclubindia.com).


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