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Can phantom stock be issued to non employees


10-Mar-2023 (In Corporate Law)

Can phantom stock be issued to non employees and if yes, can LLPs issue phantom stocks?

Answers (1)

Answer #1
232 votes

Phantoms stocks are contractual agreements and are not regulated by the SEBI. Since they are not actually stocks, but only contracts, in theory they may be offered by any entity. Feel free to get in touch with the LawRato team at 9599-000-555 for further assistance.

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