Question
The sweat equity shares issued to directors or employees
have a lock-in of what duration?Solution
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 in/non 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. Â
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