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Define sweat equity share.

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Define sweat equity share.

Posted by Vishal Dhedhar 6 years, 11 months ago

CBSE > Class 12 > Accountancy

2 answers

Mayank Tripathi 6 years, 10 months ago

Sweat equity share = these are those shares which are issued by company to its employees for their services

Gaurav Seth 6 years, 11 months ago

Sweat equity shares means such equity shares as are issued by a company to its directors or employees at a discount or for consideration, other than cash, for providing their know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called. Such shares can only be issued to:

•a permanent employee of the company who has been working in India or outside India, for at least last one year; or
•to a director of the company, whether a whole time director or not; or
•an employee or a director mentioned above of a subsidiary, in India or outside India, or of a holding company of the company

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