when there is no MGT-14 filed at the time of taking loan (2015)...but it is mentioned in loan agreement about the option to convert loan into equity.
can we directly now file PAs-3
or another process.
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Loan to equity
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There are specific processes. Pls post real time scenario.
In 2015 loan was taken when loan agreement was made having provision that loan can be converted into Equity..but at that time MGT-14 was not filed..
now party wants to convert loan into equity, what can we do now?
now party wants to convert loan into equity, what can we do now?
Why mgt 14 was not filed?
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