| Discussions Forum | ||
Home  Forum Corporate Laws / SEBI / LLP This
|
||
| A Public Forum. Anyone can participate to share knowledge. |
||
|---|---|---|
| We acknowledge the contributions of Experts/ Authors. | ||
Submit new Issue / Query |
||
PROCEDURE FOR CONVERSION OF LOAN TO EQUITY, Corporate Laws / SEBI / LLP |
||
|
||
PROCEDURE FOR CONVERSION OF LOAN TO EQUITY |
||
In case of loan taken from director shareholder in a private limited , what is the procedure to be followed to convert it to equity share capital. The loan was obtained under Companies Act 1956 hence MGT-14 was not applicable at that time. Can the company directly convert such loan now? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
In my view it is not possible. Other views are expected. Page: 1 Old Query - New Comments are closed. |
||
