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Understanding Sweat Equity By Prof. Simply Simple TM

According to the Companies Act, sweat equity are equity shares that a company issues to an individual in consideration of his/her services, knowhow or any other value addition that the company has benefited from. . In other words, it is the equity given to a company's executives to reflect the value the executives have added and will continue to add to the company..

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Understanding Sweat Equity By Prof. Simply Simple TM

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    1. Understanding Sweat Equity – By Prof. Simply Simple TM

    5. A company may issue sweat equity shares if the following conditions are fulfilled: (a) the issue of sweat equity shares is authorized by a special resolution passed by the company (b) the resolution specifies the number of shares, current market price, monetary consideration, if any, and the class or classes of directors or employees to whom such equity shares are to be issued c) not less than one year has, at the date of the issue, elapsed since the date on which the company was entitled to commence business (d) the sweat equity shares of a company whose equity shares are listed on a recognized stock exchange are issued in accordance with the regulations made by the Securities and Exchange Board of India (SEBI) in this behalf.

    16. The views expressed in these lessons are for information purposes only and do not construe to be of any investment, legal or taxation advice. They are not indicative of future market trends, nor is Tata Asset Management Ltd. attempting to predict the same. Reprinting any part of this presentation will be at your own risk and Tata Asset Management Ltd. will not be liable for the consequences of any such action.

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