Answer-What are sweat equity shares?

Explanation Section 288 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.

Question

What are sweat equity shares?

A Shares issued by a company

B Shares issued only in the form of cash, not any other consideration

C Shares issued by a company to its directors or employees at a discount or for consideration, other than cash, for providing know-how or intellectual property rights

D Shares can be issued for providing services or know-how, but not for intellectual property rights

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What are sweat equity shares?

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