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    • Question

      Section 2(88) of the Companies Act, 2013, defines the

      expression ‘________________’ as 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. 
      A bonus shares Correct Answer Incorrect Answer
      B sweet equity shares Correct Answer Incorrect Answer
      C sweat equity shares Correct Answer Incorrect Answer
      D normal equity shares Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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