Significant Beneficial Owner

Provisions of Beneficial Interest Under Companies Act, 2013 And Rules Framed Thereunder INTRODUCTION A beneficial interest is the right to receive benefits on property, assets, or securities held by another party. The term beneficial interest is generally related to and used for trust, as nature of a trust, there is an author who creates ...

As per Section 90 of the Act 2013, every significant beneficial owner is required to disclose the nature of his/her interest and other particulars within the prescribed period of time to the Company, and same will be inform to the Registrar of Companies. In the said connection, MCA has issue Companies (Significant Beneficial Owners) Rules...

Section 90 of Companies Act, 2013- ‘Register of Significant Beneficial Owners in a Company’ Read with ‘The Companies (Significant Beneficial Owners) Rules, 2018‘ and ‘The Companies (Significant Beneficial Owners) Amendment Rules, 2019‘ The Section and Amendments therein Hello all, we all know Section 90...