Convertible Notes and Convertible Promissory Notes
5 ready-to-use formats: Board resolution, issue of convertible notes; Special resolution, approval of terms of conversion before the money is raised; Convertible note agreement; Convertible note certificate; and more.
- 13 pages
- 142
- Word and PDF
- 12 September 2026
The 5 formats inside
- 1Board resolution, issue of convertible notesFEMA Rule 2(e) · s.62(3) · Rule 2(1)(c)(xvii) Deposit RulesOn its own₹149
- 2Special resolution, approval of terms of conversion before the money is raiseds.62(3)On its own₹149
- 3Convertible note agreementFEMA Rule 2(e) · s.62(3) · Rule 2(1)(c)(xvii)On its own₹149
- 4Convertible note certificateFEMA Rule 2(e) · Rule 2(1)(c)(xvii)On its own₹149
- 5Board resolution, conversion of convertible notes and allotments.62(3) · Rule 21 · PAS-3 · FC-GPROn its own₹149
Read the opening
The first part of “Board resolution, issue of convertible notes”, as it downloads. Blanks are highlighted.
Extract from the minutes of the meeting of the Board of Directors of [Company Name] Private Limited held on [Date of board meeting approving convertible notes]
ISSUE OF CONVERTIBLE NOTES
The Chairman informed the Board that the Company proposed to raise a sum of up to Rs [Total amount to be raised by convertible notes (Rs)] (Rupees [Total amount to be raised in words] only) by the issue of convertible notes to the investors named in the Annexure, each of whom would subscribe an amount of not less than Rs 25,00,000 (Rupees Twenty-Five Lakh only) in a single tranche.