- 6946 Views
- 26 Apr 2020
- CS Divya Saluja
- Companies Act 2013, Articles, Procedure, Knowledge, Updates, MCA, eForms MCA, Rules,
The Process of conversion of loan into equity is an easy and practical method to raise capital without immediate investments. For Conversion of Loan into Equity Companies is required to comply with provisions of section 62(3) of the Companies Act, 2013. Phase-1 : Compliance before issue of Debentures or acceptance of Loan Company shall pass a Board Resolution (BR) in Board Meeting fo......