Conversion of unsecured loan into share application
This query is : Open
09 May 2014
Dear All,
Please provide us the complete procedure for conversion of unsecured loan into share application as per Act,2013.
Also needed the format of application and resolution for same.
Thanks & Regards
Please provide us the complete procedure for conversion of unsecured loan into share application as per Act,2013.
Also needed the format of application and resolution for same.
Thanks & Regards
09 May 2014
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.
same into shares.
A Board resolution by the company approving the conversion of unsecured loan
into share application money.
10 May 2014
Thank You for ur reply.. i also needed the format of application. Please provide.
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