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 Economic Laws Practice       Avalon Consulting

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September 20, 2004

An argument for sweat equity friendly laws

In an article appearing in the Financial Express, Dr. Y.R.K.Reddy, Chairman, Yaga Consulting Pvt. Ltd., provides strong arguments on why the Indian government's department of company affairs and SEBI must simplify the rules relating to the issue of sweat equity. "The current rules and guidelines are so elaborate that they may meet the ideals of corporate governance and yet are revoltingly cumbersome. They are indeed an over-kill," he says

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