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i am working in a ltd company & it is know making public
share issue & is compelling us the employees to take
minimum 40 shares @rs160-175 .my question is whether a
company can compell employees to take shares?
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NO .THE COMPANY DON'T HAVE THAT RIGHT.BUT CONTINUED AND
EXCELLENT SERVICES DONE BY ANY EMPLOYEE IT MAY ISSUE SOME
SHARES TO BE OPTIONAL.GENERALLY THE ISSUE PRICE IS LOWER THAN
MARKET PRICE.
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