Format pack, 3 formats · FV07-E6

Convertible Instruments: CCPS, CCD and the Convertible Note

Indian venture money almost never buys ordinary equity; it buys an instrument that converts on pre-agreed terms, and the costliest error is leaving the economics in the shareholders’ agreement instead of writing them into the instrument, the resolution of issue and the articles.

Length
10 pages
Blanks to fill
89
Files
Word and PDF
Law stated to
14 September 2026

The 3 formats inside

  1. 1Terms of the compulsorily convertible preference shares, schedule to the subscription agreement, the special resolution and the articlesss.43, 47, 55 · Rule 9, Share Capital Rules23 blanksOn its own₹149
  2. 2Convertible note agreement, recognised start-up, single tranche of Rs 25 lakh or moreRule 2(1)(c), Companies (Acceptance of Deposits) Rules 2014 · NDI Rules 201940 blanksOn its own₹149
  3. 3Conversion notice and computationCCPS, CCD or convertible note31 blanksOn its own₹149

Read the opening

The first part of “Terms of the compulsorily convertible preference shares, schedule to the subscription agreement, the special resolution and the articles”, as it downloads. Blanks are highlighted.

TERMS OF THE SERIES [A] COMPULSORILY CONVERTIBLE PREFERENCE SHARES

of [Name] Private Limited — to be set out in the explanatory statement to the special resolution under section 55 of the Companies Act 2013 read with rule 9 of the Companies (Share Capital and Debentures) Rules 2014, in the articles of association and in the register of members

1. Designation, number and price. [Number of CCPS to be issued] compulsorily convertible preference shares of the face value of Rs [Face value of each CCPS (Rs)] each, designated the “Series [A] CCPS”, to be issued at a price of Rs [Issue price of each CCPS (Rs)] per Series [A] CCPS, comprising face value of Rs [Face value of each CCPS (Rs)] and a premium of Rs [Premium on each CCPS (Rs)], aggregating Rs [Total amount of the issue (Rs)] (Rupees [Total amount of the issue in words] only). The price has been determined on the basis of the valuation report dated [Date of valuation report] of [Registered valuer's name], a registered valuer under section 247 of the Act.

17 more paragraphs and tables follow in the full format.

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