This Query has 1 replies
Hello Sir
One of my clients has loaned Small Scale Undertaking which is a private ltd co..
Now Company wants to convert the loan to shares
Can you tell me what will be the impact of this transactions ?
According to me,at the time of liquidation,chances are that my client can loose all the money
Being a minority shareholder he might not have any say in the managment
What are the questions that i should ask and what are the conditions that my client should put to safeguard his interest from Companies point of view
Hope my query is solved
Regards
Alka
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CAN ANYONE EXPLAIN ME MCA PLEASE.....?
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Regarding converting from Loan to Equity Shares