Section 2 (15A) - ESOP -
11[(15A) "employees stock option" means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price;]
11. Inserted by Act 53 of 2000, sec. 2 (w.e.f. 13-12-2000 -
11[(15A) "employees stock option" means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price;]
11. Inserted by Act 53 of 2000, sec. 2 (w.e.f. 13-12-2000 -
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