Question

The sweat equity shares issued to directors or employees

Q: Answer-The sweat equity shares issued to directors or employees have a lock-in of what duration?

As per Companies Share Capital and Debentures Rules, 2014 8. Issue of Sweat Equity shares.- The sweat equity shares issued to directors or employees shall be locked innon transferable for a period of three years from the date of allotment and the fact that the share certificates are under lock-in and the period of expiry of lock in shall be stamped in bold or mentioned in any other prominent manner on the share certificate.

have a lock-in of what duration?

A 3 years

B 5 years

C 2 years

D 1 year

E 7 years

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The sweat equity shares issued to directors or employees

Solution