Sweat equity issue is a plan under which a company offers some shares to each of its employees as a motivation to reward them and to retain them.
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Jian Ghomeshi also stands accused of violently assaulting eight Despite the atrociousness of his alleged actions, it is purported behavior could have an impact beyond his own job.
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Yes, Sweat equity shares can be issued to promoters but, the limitation is that, before issuing, company has to be adjourned a general meeting and will get a simple majority of Shareholders about promoters. On the other hand, company can get majority from shareholders by passing postal ballot.
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