TMI BlogPROCEDURE FOR CONVERSION OF LOAN TO EQUITYX X X X Extracts X X X X X X X X Extracts X X X X ..... In case of 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 henc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e MGT-14 was 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 expect ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed. - PROCEDURE FOR CONVERSION OF LOAN TO EQUITY - Query Started By: - VENKAT S Dated:- 14-2-2020 Corporate Laws / SEBI / LLP - Got 1 Reply - Companies Law - Discussion Forum - Knowledge Sharing, r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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