Conversion of loan into equity shares

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Nikhil Bhatia (Querist)
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05 May 2015 Dear Sir,

Is it possible to issue shares in lieu of loan given to Pvt. Co.?
if yes, Please explain the procedure.

Arpit Shah (Expert)
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05 May 2015 http://www.esopindia.com/Companies%20Share%20Capital%20and%20Debenture%20Rules%202014.pdf

Arpit Shah (Expert)
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05 May 2015 http://taxguru.in/company-law/fund-raising-pvt-companies-act-2013.html

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