Home
Register Now & Get Documents Worth Rs. 50/- Free.
Doc7 d331a4874d13fd686544cab42e21f97e2d90d58136230f92d0f65c2682fe6bb4
Sample Document 1 Sample Document 2 Handbook of Documents Free Documents Value Added Plans

MCA Filing Made Easy. Leave your MCA filing worries to our qualified experts and get relieved.

View Filing Plans

Board Resolution - Conversion of Loan / Debenture into Equity Shares

This resolution required to be passed by the Board of Directors of the Company for conversion of loan into Equity Shares as per the terms mentioned in the term sheet / loan agreement duly approved by the Shareholders of the Company before the issue of such loan / debentures

Chapter: Chapter - IV

Section: Section 62

Approximate Time Saving: 2 hours

Rs. 49

Register now to get FREE access to this document.

You must Login or Register to download the attachments.

View Document Attachments

Product Information

This document consist of word format of Board Resolution along with Preamble for conversion of loan into Equity Shares. 

This will help to your save time, effort and easy execution of this resolution

Additional Information

Section 62(3)

Nothing in this section shall apply to the increase of the subscribed capital of a company caused by the exercise of an option as a term attached to the debentures issued or loan raised by the company to convert such debentures or loans into shares in the company:

Provided that the terms of issue of such debentures or loan containing such an option have been approved before the issue of such debentures or the raising of loan by a special resolution passed by the company in general meeting.

Attachments

Ms word logo 893d6345c720ebd49a0c8837ac6a4eb42cf76ecc79bb2a728e0e4c45760bb340

Conversion of loan into equity shares