Company convert the loan to equity and after conversion Company wants to go for strike off

    Posted By : Divya Saluja / Published on : 03-Aug-2019 10:08 AM / View : 46 / Comment : 0
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    Dear Members

    Please Suggest me

    Private Company took loan from its members and relative of members and company doesn't have fund to pay so they wanted to convert the loan to equity and after conversion Company wants to go for strike off.

    Can that Company do the same or is there any restriction?
    Read more on : company wants strike conversion equity convert loan after



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