CERTIFIED TRUE COPY OF THE BOARD RESOLUTION PASSED AT THE MEETING OF BOARD OF DIRECTORS OF ……………………………… LIMITED (“THE COMPANY”) IN THEIR MEETING HELD………………….. AT THE REGISTERED OFFICE OF THE COMPANY SITUATED AT…………………………….. AT 10:00 AM
The Companies (Significant Beneficial Owners) Rule 2019 replaces the provisions of the Companies (Significant Beneficial Owners) Rule 2018. It has further introduced Rule 2A which bestows responsibility upon the Reporting Company to find out about the SBO, identify the individual and cause such individual to make a declaration to the Reporting Company in Form No. BEN-1.
This form shall be filed by the individual who is the SBO to the Reporting Company within 90 days from the commencement of these Rules (i.e., by 10th May, 2019) and for subsequent changes or acquiring the status of SBO, within 30 days of such change or acquiring the SBO. In order to find out about the SBO, the Company shall send notice in Form No. BEN-4 to all its member holding not less than 10% of the company’s shares/voting rights/right to receive/participate in the dividend or any other distribution payable in a financial year.
“Resolved That the company is hereby decided to approved jointly and /or severally the declaration of Mr. ……………. And Mr………….. in Form Ben-1 for indirect holding of share in a company and to be considers as a significant beneficial owner of a company as per Section 90 of Companies Act 2013 and rule made there under and enter the aforesaid name on the register of significant beneficial owner
Further Resolved that the company authorized Mr………….. to file a Form Ben-4 to the ministry of corporate affairs with 30 days from the date of receiving of Ben-1 and also maintain the register of significant beneficial owner in Ben-6”
For …………………. LIMITED
(Managing Director)
Place:
Date:
Author Bio
Dear Mr.Jain,
In the resolution Ben 4 will be replaced by Ben 2 and Ben 6 will be replaced by Ben 4.