Corporate Professionals Blog

After covering a varied number of concepts on Trademarks and concepts related to that, we present this write up on Copyright Protection in India. COPYRIGHTS The other day we received a call from one of our long time clients congratulating us on starting to post our write ups and website content on another website. We did not know anything about this and went to that website to find that, to our surprise, all our content including research material and articles were posted on that website by another person we did not know. We, as a firm, dear readers, invest time and research in creating these write ups and research works and convert our ideas into words. By doing so, we inherently create a copyright in such matter and write ups. It is a different issue that we went against the person infringing on our copyright, but this brings us to the topic for this classroom post this time- Copyrights.

Sweat Equity Shares Stock Options Sweat Equity Shares are issued as consideration for creation or transfer of IPRs to the company or as other value addition these can be issued to employees, Officers and Directors of the Company.   ESOPs are given in the nature of Incentive and retention plan these can be issued to employees and officers. ESOPs cannot be issued to Promoter or person belonging to the promoter group. Provisions of Companies Act, 1956, SEBI (Issue of Sweat Equity) Regulations, 2002 and Unlisted Companies (Issue of Sweat Equity Shares) Rules, 2003 are applicable to Listed and Unlisted companies. Provisions of Companies Act, 1956 and SEBI (ESOS and ESPS) Guidelines, 1999 is applicable to listed companies. These shares can be issued at discounted price or free for know-how and services to the company. These options can be issued with conversion right at a pre determined price. The is...