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.


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