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Please Help: Queries regarding Creation MSOP/ESOP Trust

Posted Date : 09-May-2024 , 05:12:46 pm | Posted By: Ranu Jain

Category : Corporate Law | Answers : 0| Comments : 0| Hits: 422

“Queries regarding Creation MSOP/ESOP Trust” Major Underline Objective of Trust Action-1: Promoter Shares to be transferred to the Trust. Action-2: These shares, later, will be transferred to the Employees of the company. Queries Query-1: How will the Trust settle the consideration for shares received from promoters? Query-2: Whether the trust is eligible to take the share without consideration? Query-3: Who can be the trustees? Where employees of the company will be beneficiaries, whether can the Directors or Promoters of the be Trustees?

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