Board resolution, conversion of a loan into equity shares and allotment
A single format from the Conversion of a Loan into Equity pack. s.62(3), s.39(4).
- 2 pages
- 33
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution, conversion of a loan into equity shares and allotments.62(3), s.39(4)
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
Certified true copy of the resolutions passed at the meeting of the Board of Directors of [ABC Private Limited] held on [Date of the conversion board meeting]
CONVERSION OF LOAN INTO EQUITY SHARES AND ALLOTMENT
The Chairman informed the Board that the Members of the Company had, by a special resolution passed at the extraordinary general meeting held on [Date of the general meeting approving the loan terms] — being a date prior to the raising of the loan hereinafter referred to — approved the terms of a loan to be raised from [name of lender] containing an option to convert the loan into equity shares of the Company, and that Form MGT-14 in respect of the said resolution was filed with the Registrar of Companies on [Date of filing Form MGT-14] vide SRN [SRN of Form MGT-14].