Companies Act, 2013Issue of Convertible Notes to Foreign Investors by Startups
May 20, 2019by GLC & Partners
“Convertible Note” means an instrument evidencing receipt of money initially as a debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of the start-up company upon occurrence of specified events and as per the other terms and conditions agreed to and indicated in the...