
ESOP Under Companies Act 2013: What Founders Need to Know
What is ESOP? Before we look at ESOPs under Companies Act, 2013 let’s first understand the meaning of ESOPs. Employee Stock Option Plans, or ESOPs, incentivize employees for performance. Many firms use ESOPs as a retention strategy to retain employees in the long term. When a company awards an ESOP to an employee, they get […]