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Query related to conversion of loan to equity
Is it essential to obtain valuation report for conversion of Loan into Equity?
Replies (3)
Quick Summary
Yes its essential
Yes, Valuation from a Registered Valuer is required for evaluating the price of Shares of the Company.
Is there any Tax Implication on conversion of unsecured loan into equity? and if yea what are those and how can we determine that?
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