Issue of sweat equity shares.

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..... 53, a company may issue sweat equity shares of a class of shares already issued, if the following conditions are fulfilled, namely:-- (a) the issue is authorised by a special resolution passed by th .....

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..... a recognised stock exchange, the sweat equity shares are issued in accordance with the regulations made by the Securities and Exchange Board in this behalf and if they are not so listed, the sweat eq .....

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