Hi Members,
Kindly confirm what option do we select in purpose of Form SH-7 in case of conversion of CCPS into equity and do we file SH-7 before PAS-3 or the sequence doesn't matter?
shares
equity
into
ccps
conversion
Dear Members,
PAS-3 was filed when CCPS (Compulsorily Convertible Preference Shares) were issued 3 years ago. Now do we have to file PAS-3 again after conversion of CCPS into Equity? If not, then do we have to file any form to intimate the conversion to ROC?
Hello,
CCPS of Rs35 lakh (7000 of 500 each) got converted into 7000 equity shares of 100 each I.e. Rs.7 lakh. So capital has reduced by Rs.28 lakh. Do we need to approach the NCLT as capital is getting reduced? What forms will be filed with ROC to intimate reduced capital? What will be accounting treatment of the Rs.28 lakh reduction in capital?
ccps
conversion
after
reduction
capital
Dear Members,
Can we convert CCPS series-1 issued at par into CCPS Series -3 at premium. ex. if in 2,50,000 CCPS series-1 issued @ Rs. 10/- first and at later it is converted into CCPS Series -3 with Premium
If yes what is the procedure
ccps
conversion
Kindly help me with the process of extension of term for conversion of Compulsorily Convertible Preference Shares (CCPS).
ccps
conversion
term
extension
Can a company do private placement for the conversion of loan to Equity/CCPS
equityccps
loan
conversion
Can a company convert CCPs into equity shares after 20 years?
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