https://www.taxtmi.com/acts?id=21836 A government may convert debentures or loans into company shares on terms it considers reasonable even if the original instruments lacked conversion options. If the company objects to those conversion terms, it may appeal to the Tribunal in Form NCLT 9 within the prescribed period; the Tribunal will hear the company and the government and pass such order as it deems fit. en-us Thu, 28 Jul 2016 10:57:26 +0530 Wed, 28 Jan 2026 14:55:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21836 A government may convert debentures or loans into company shares on terms it considers reasonable even if the original instruments lacked conversion options. If the company objects to those conversion terms, it may appeal to the Tribunal in Form NCLT 9 within the prescribed period; the Tribunal will hear the company and the government and pass such order as it deems fit. Act-Rules Companies Law Thu, 28 Jul 2016 10:57:26 +0530 https://www.taxtmi.com/acts?id=21836