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: email@example.com
Awaiting for your earliest reply.
also Send the same mail to me on following id
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.