ESOP Explained | Eligibility, Shareholder Approval, Conditions & Forms | CS Executive Company Law

Employee Stock Option Plan (ESOP) | Company Law | CS Executive In this video, we cover the concept of Employee Stock Option Plans (ESOPs) under Section 62(1)(b) of the Companies Act, 2013, read with Rule 12 of the Companies (Share Capital and Debentures) Rules, 2014. 📌 In this video, we cover: • Meaning and concept of ESOP • Who is eligible for ESOPs and who is excluded? • Shareholder approval: Special Resolution vs Ordinary Resolution • Separate resolutions and variation of ESOP scheme terms • Disclosures in the Explanatory Statement • Disclosures required in the Board’s Report • Vesting period, lock-in period and exercise price • Forfeiture and refund of amounts • Conditions relating to transfer, death, incapacity and resignation of employees • Register of ESOP in Form SH-6 • ROC filings: MGT-14 and PAS-3 • December 2024 Previous Year Question (PYQ) ⏱️ Timestamps 00:00 – Introduction to ESOP 00:12 – Meaning and Governing Provisions 02:08 – Who Is Eligible for ESOP? 03:45 – Shareholder Approval 05:28 – Disclosures in the Explanatory Statement 06:31 – Disclosures in the Board’s Report 07:16 – Vesting Period, Lock-in & Exercise Price 10:29 – Conditions Relating to ESOP 12:09 – Forms to Be Filed with ROC 12:33 – December 2024 PYQ 14:21 – Quick Revision & Key Takeaways 🎯 For CS Executive Students Understand ESOP provisions through a structured explanation of eligibility, approvals, statutory conditions and ROC filings. The video also covers an exam-oriented PYQ to help you revise important concepts. 👍 LIKE | SHARE | SUBSCRIBE for more practical Company Law explanations and exam-focused videos. 📱 Instagram: @csriyajain #CSExecutive #CompanyLaw #ESOP #EmployeeStockOptionPlan #CompaniesAct2013 #ICSI #CSStudents #CompanySecretary #ExamPreparation #PYQ