Could you please provide me with detailed information regarding the necessary steps to convert CCPS into Equity Shares?
Additionally, I would greatly appreciate guidance on correctly completing and submitting Form SH-7 for this purpose. If there are any specific documents, annexures, or supporting materials required to accompany the form, kindly provide the details.
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 onIn 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 required
Click here to view / answer Share it onHello all,
Can an Independent director be eligible for sweat equity share if he has given value addition to the company?
Dear all,
Can a company issue a sweat equity share to an Independent director?
Dear Members
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 onWhat 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 onDear Members,
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 ??
Hello,
What is the procedure of conversion of Loan into Equity share.
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?