MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Equity Capital

To which of t...

Question

To which of these persons, sweat equity shares can be issued by a company?

A

Employees

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Directors

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Providers of know-how or intellectual property rights or value addition

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

All the above

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D All the above
Sweat equity shares are given to the company's permanent employees, directors and providers of know-how / intellectual property rights/ value addition for their contribution to the company; it is a form of reward for their service to the company. They are issued in accordance with the Companies Act, 2013.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Equity shares issued by a company to its employees or directors at a discount or for consideration other than cash providing know-how or making available rights in the nature of intellectual property rights or value additions are known as __________.

Q. The shares issued for providing know how, intellectual property rights, etc are called ____________.

Q. Sweat equity shares can be issued to _____________.

Q. S Ltd. had 9,000, 8% preference shares of Rs. 100 each, fully paid up. The company decided to redeem these preference shares at par by the issue of sufficient number of equity shares. How many equity shares are required to be issued if new equity shares are to be issued at Rs. 12 for a premium including Rs. 2?

Q. N Ltd. had 9,000, 8% preference shares of Rs. 100 each, fully paid up. The company decided to redeem these preference shares at par by the issue of sufficient number of equity shares. How many equity shares are required to be issued if new equity shares are to be issued at Rs. 10 each?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Owners Funds

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon