CAN UNSECURED LOAN TAKEN FROM FINANCIAL INSTITUTION BY PVT. LTD. CO. & THEREAFTER CONVERT IN TO SHARE CAPITAL?
Menu
Unsecured loan
Replies (1)
Hello,
I dont think so, there is any issues for doing the same, if company gets an consent fom the financial instituion the loan amount can be changed from loan to capital.
Thanks!
Nidhi
Recent Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
