Respected Members, Can anyone share a Draft MOU for Transfer of Equity Shares of a Pvt Limited Company.Click here to view / answer Share it on
In a startup Pvt. Ltd. Company Director is being provide loans wef 01/06/2022 to the company as per requirement in the company mainly for paying salary, till date she has given Rs. 1.80 Cr. Now she wants to convert this loan into equity at current valuation of the company (that comes Rs. 48000/+ as per DCF). So far MGT -14 is not filled for this Loan conversion into equity as required under section 62(3). Pls suggest what to do in this case. As for allotment PAS 3 is required to be filled and in PAS -3 reference of MGT -14 is also requiredClick here to view / answer Share it on
Can an Independent director be eligible for sweat equity share if he has given value addition to the company?
Can a company issue a sweat equity share to an Independent director?
A company intends to convert its redeemable preference shares
into equity share capital. Can it do so under the provisions of the
Companies Act, 2013?
Dear Members !
Are the conditions of issue of sweat equity shares different for
start-up companies and other companies ?
What is the difference between ESOP and Sweat Equity share?Click here to view / answer Share it on
What is the difference between ESOP and Sweat Equity and which option will be more feasible for the Company ?Click here to view / answer Share it on
For Conversion of loan in to equity, since company is not able to repay the loan to directors.
Please let me know whether a Valuation report is required ??
What is the procedure of conversion of Loan into Equity share.
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?
Please share draft documents along with forms filed for the purpose of issue of Sweat equity shares.
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