when there is no MGT-14 filed at the time of taking loan (2015)...but it is mentioned in loan agreement about the option to convert loan into equity.
can we directly now file PAs-3
or another process.
3 Replies
sabyasachi mukherjee
(27574 Points)
Replied 11 December 2022
There are specific processes. Pls post real time scenario.
ankurika saikia
(student)
(55 Points)
Replied 11 December 2022
In 2015 loan was taken when loan agreement was made having provision that loan can be converted into Equity..but at that time MGT-14 was not filed..
now party wants to convert loan into equity, what can we do now?
now party wants to convert loan into equity, what can we do now?
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