Conversion of Unsecured Loan into Share Application money
This query is : Resolved
16 January 2010
Dear All,
My query is whether Company can convert its unsecured loan into share application money.
If yes whats the procedure.
Kindly send the proforma of letter/documents/resolutions.
My mail ID: meetesh.mehta@gmail.com
Awaiting for your earliest reply.
Thanking you
My query is whether Company can convert its unsecured loan into share application money.
If yes whats the procedure.
Kindly send the proforma of letter/documents/resolutions.
My mail ID: meetesh.mehta@gmail.com
Awaiting for your earliest reply.
Thanking you
16 January 2010
also Send the same mail to me on following id
thackerbl@yahoo.in
thackerbl@yahoo.in
21 January 2010
An application / request from the person giving unsecured loan to convert the same into shares.
a Board resolution by the company approving the conversion of unsecured loan into share application money.
a Board resolution by the company approving the conversion of unsecured loan into share application money.
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