Section 83A: Employees’ stock options.
The Companies Act, 2017 · Federal Acts · in_force
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26[83A. Employees’ stock options.—Notwithstanding anything contained in section 83 or any other provision of this Act, a company may, under the authority of special resolution, issue shares in accordance with its articles under employees’ stock option in accordance with such procedure and subject to such conditions as may be specified.]
Effective date: 2017-05-30
Related sections
Section 83: Further issue of capitalSection 84: Prohibition on acceptance of deposits from publicSection 82: Power to issue shares at a discountSection 85: Power of company to alter its share capitalSection 81: Application of premium received on issue of sharesSection 86: Prohibition of purchase by company or giving of loans by it for purchase of its shares
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