Draft resolution


This query is : Resolved 

(Querist)
25 September 2012 Does any one have the draft resolution for transfer of Share Application money to Unsecured loan

Ajay Mishra (Expert)
26 September 2012 Hi

I think, share application money are either allotted or refunded. If you wanted to convert in to loan, you should enter an agreement with investor for the same.


Other views are also solicited.


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