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
In case of conversion of LLP to Company, whether physical MOA or AOA is required to file at the time of conversion?
Can a company convert the existing shares into shares with differential voting rights and vice versa?
When does SFIO investigate into the affairs of a company?Click here to view / answer Share it on
Hi to all members,
A holding company can invest in the shares of a Subsidiary Company
But, can a subsidiary company hold shares in its holding company?
Please share how to do and if possible share the drafts.Click here to view / answer Share it on
One of a Company want to issue debentures with an option to convert such debentures into shares through CCPS in future. So while drafting documents of CCD do I write the line below or what would be the correct line.
1. Approval of Issue and allotment of 36 Unsecured Compulsorily Convertible Debentures and/ or other debt Securities on private placement basis
1. Approval of Issue and allotment of 36 Unsecured Compulsorily Convertible Debentures
Please advise at the earliest.
What are the process and cost for the conversion? Please suggest that what are the criteria need to fulfil before the conversion?Click here to view / answer Share it on
While filing Application and Statement for conversion of a private company/ unlisted public company into limited liability partnership (LLP) & to be filed along with Fillip itself ?
What will be mandatory attachment ?
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?
Please share draft format for the same.Click here to view / answer Share it on
Can one convert a sole proprietorship into one person company?
Compliance Calendar LLP is Recognised as Startup by DIPP Under Ministry of Commerce & Industry, Government of India