Refinancing, Prepayment, Restructuring and Conversion of ECB into Equity
How an ECB ends early or changes shape, refinanced, prepaid, restructured, caught in insolvency, waived, or converted into shares, with the MAMP exemptions that make each possible and the NDI, Companies Act and tax steps that conversion sets off.
- 6 pages
- 81
- Word and PDF
- 16 September 2026
The 3 formats inside
- 1Lender's consent and conversion letterPara 13, Schedule I · NDI Rules 2019On its own₹149
- 2Special resolution under section 62(3), approval of conversion option before raising the ECBs.62(3), s.102 Companies Act 2013 · Para 13 Schedule IOn its own₹149
- 3Board resolution, conversion of ECB and allotment of sharess.62(3) · Para 13 Schedule I · NDI Rules 2019 · FEMA 395/2019-RBOn its own₹149
Read the opening
The first part of “Lender's consent and conversion letter”, as it downloads. Blanks are highlighted.
On the letterhead of the lender, countersigned by the borrower
Date: [Date of conversion letter (Conversion Agreement Date)] (the "Conversion Agreement Date")
To,
The Board of Directors
[Name of borrower]
[Registered office]
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