PROCEDURE FOR CONVERSION OF LOAN TO EQUITY

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....ROCEDURE FOR CONVERSION OF LOAN TO EQUITY<br> Query (Issue) Started By: - VENKAT S Dated:- 14-2-2020 Last Reply Date:- 9-7-2020 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Companies Law<br>In case o....

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....f loan taken from director shareholder in a private limited , what is the procedure to be followed to convert it to equity share capital. The loan was obtained under Companies Act 1956 hence MGT-14 wa....

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....s not applicable at that time. Can the company directly convert such loan now? Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: In my view it is not possible. Other views are expected.<br> Discussion ....

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