https://www.taxtmi.com/forum/issue?id=117119 Conversion of a loan into equity shares requires a formal loan conversion agreement and compliance with the statutory framework governing share issuance under Section 62(3) of the Companies Act, 2013. The agreement should record conversion terms, conditions precedent, and ensure required corporate approvals prior to allotment. Professional advice from a practising Company Secretary is recommended for drafting and compliance. en-us Thu, 25 Mar 2021 14:15:12 +0530 Thu, 23 Jan 2025 15:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117119 Conversion of a loan into equity shares requires a formal loan conversion agreement and compliance with the statutory framework governing share issuance under Section 62(3) of the Companies Act, 2013. The agreement should record conversion terms, conditions precedent, and ensure required corporate approvals prior to allotment. Professional advice from a practising Company Secretary is recommended for drafting and compliance. Discussion-Forum Companies Law Thu, 25 Mar 2021 14:15:12 +0530 https://www.taxtmi.com/forum/issue?id=117119