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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

A company may issue shares at a discount to its creditors when ...


Companies Can Issue Discounted Shares to Creditors During Debt Conversion u/s 53, Companies Act 2013.

January 6, 2018

Act Rules     Companies Law

A company may issue shares at a discount to its creditors when its debt is converted into shares in pursuance of any statutory resolution plan or debt restructuring scheme - Section 53 of the Companies Act, 2013

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