The Companies Act defines '..... equity shares' as equity shares issued by the company to employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions. (*) staff (*) stiff (*) sweat (*) sweet
This is a companion discussion topic for the original entry at https://english.best/questions/8897,the-companies-act-defines-___-equity-shares-as-equity-shares-issued-by-the-company-to-employees-or-directors-at-a-discount-or-for-consideration-other-than-cash-for-providing-know-how-or-making-available-rights-in-the-nature-of-intellectual-property-rights-or-value-additions/