Section 62 Of Companies Act 2013
by Jyoti Sharma My AdvoThe issue of shares has remained debatable under the Companies Act, 2013. To make sure that a company runs its functions smoothly, debt is often converted into capital. The process to convert the loan into share capital is given under Section 62(3) of the Companies Act, 2013. The conversion of loan into share capital is an easy & practical method to raise capital without immediate investments.
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Created on Oct 24th 2018 04:37. Viewed 437 times.
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