⭐ Important points (exam-critical)
- ⭐Sec 73 — acceptance of deposits regulated; private companies have specific exemptions.
- ⭐Preference shares max tenure 20 years; for infrastructure projects, 30 years (Sec 55).
- ⭐Sweat equity (Sec 54) — to directors/employees for know-how / IPR / value addition.
- ⭐ESOP discount on FV is treated as employee compensation expense in P&L.
Want more depth on important points?
Make it click