If a Company has granted stock options prior to the promulgation of the Companies Act, 2013, then whether such stock options can be exercisable by the Independent Directors?

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They can exercise the stock options prior to the commencement of the Companies Act, 2013; however, they shall not be entitled to have any stock option after the commencement of Companies Act, 2013. If a Company has granted stock options prior to the promulgation of the Companies Act, 2013, then whether such stock options can be exercisable… Read more »