Convert its share application money to unsecured loans. rea

This query is : Resolved 

01 July 2014 Can a private limited company convert its share application money to unsecured loans. If so what is the procedure.

01 July 2014 U can't convert Share application money to unsecured loan.

04 July 2014 Sir can u confirm me as i heard that it can be done if share Applicants give a letter to do so.


05 July 2014 No u can't convert it.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries