Director’s unsecured loan with a conversion undertaking, and the declaration under the Deposit Rules
A single format from the Bridge and SAFE-type Instruments, What Works in India pack. s.62(3) · Rule 2(1)(c), Companies (Acceptance of Deposits) Rules 2014.
- 3 pages
- 36
- Word and PDF
- 14 September 2026
What it covers
- 1Director’s unsecured loan with a conversion undertaking, and the declaration under the Deposit Ruless.62(3) · Rule 2(1)(c), Companies (Acceptance of Deposits) Rules 2014
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
LOAN AGREEMENT WITH CONVERSION UNDERTAKING
THIS AGREEMENT is made at [Place of signing the agreement] on this [Day of the month the agreement is made] day of [month, year]
Between
1. [Mr / Ms Name], son / daughter of [father’s name], aged about [age] years, holding PAN [PAN], residing at [Lender's residential address], a director of the Company holding DIN [Lender's DIN] and a person resident in India within the meaning of the Foreign Exchange Management Act 1999 (the “Lender”) of the First Part; and
2. [Name] Private Limited, a company incorporated under the Companies Act 2013 bearing CIN [CIN], having its registered office at [Company's registered office address] (the “Company”) of the Second Part.
Whereas
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