Conversion of loan to equity
This query is : Resolved
07 March 2015
CAN ANYONE PLEASE TELL WHAT IS THE PROCEDURE OF CONVERSION OF UNSECURED LOAN TO EQUITY AS PER SECTION 62(3) OF COMPANIES ACT, 2013?
07 March 2015
there is no procedure for the same.
transfer loan amount to share application money a/c and issue shares and allot the same
transfer loan amount to share application money a/c and issue shares and allot the same
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