Sir,
I want to know the procedure/method to calculate the number of sweat equity shares for a new director in a private limited company that has been incorporated for not more than a year.
Please advise.
Regards,
B. Prasad
From India, Delhi
I want to know the procedure/method to calculate the number of sweat equity shares for a new director in a private limited company that has been incorporated for not more than a year.
Please advise.
Regards,
B. Prasad
From India, Delhi
You will need to follow the provisions of the Companies Act, 2013 and SEBI regulations, if applicable, in the matter.
If you wish to seek professional help in the matter, please feel free to contact us, and our legal team will be pleased to assist you.
Thanks,
Kind Regards,
Avika Kapoor
Vice President - Operations
Website: Kapgrow
From India, New Delhi
If you wish to seek professional help in the matter, please feel free to contact us, and our legal team will be pleased to assist you.
Thanks,
Kind Regards,
Avika Kapoor
Vice President - Operations
Website: Kapgrow
From India, New Delhi
Dear Ma'am,
Thanks, shares are not listed and Companies Act silent about the way of calculation of sweat equity shares(SES). Act only defined the limit of issue of SES.
I mean to say that if I am going to appoint a person as director then what is the % or no of shares will issue as sweat equity?
As per my knowledge we can calculate the contribution of new director into business.
After finalising of â„… will connect to you soon.
Thanks & Regards,
B Prasad
From India, Delhi
Thanks, shares are not listed and Companies Act silent about the way of calculation of sweat equity shares(SES). Act only defined the limit of issue of SES.
I mean to say that if I am going to appoint a person as director then what is the % or no of shares will issue as sweat equity?
As per my knowledge we can calculate the contribution of new director into business.
After finalising of â„… will connect to you soon.
Thanks & Regards,
B Prasad
From India, Delhi
Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.