Answer the following with reference to the Companies (Share Capital and Debentures) Rules, 2014, as to whether these are the eligible employees under Employee Stock Option ? (Yes/No with reasons) If it is a startup compa

Yes, Anil and Aneesh are eligible employees for both the situation in (iii) & (iv) above. As per notification number GSR 180(E) dated 17th February, 2016 issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry Government of India, the conditions mentioned in (iii) & (iv) above, shall not apply for a startup company upto five years from the date of its incorporation or registration.