Company Law : Effective October 27, 2023, companies must designate a person for beneficial ownership disclosure under updated MCA rules. Complia...
Company Law : Complete checklist for filing Form BEN-2, including necessary documents, member details, beneficial ownership under Section 90, an...
Company Law : Learn how to identify Significant Beneficial Owners (SBO) under Indian corporate law. Understand recent updates, compliance obliga...
CA, CS, CMA : Explore mandatory compliance under the LLP Act, 2008 for Register of Partners and Significant Beneficial Ownership (SBO), includin...
Corporate Law : Explore the compliance requirements under the LLP Act, 2008 for Significant Beneficial Ownership, extended filing deadlines, and t...
Company Law : Learn about latest compliance update from Institute of Chartered Accountants of India regarding Significant Beneficial Ownership r...
Company Law : Madhyamam Technologies Limited faces penalties for late filing of significant beneficial ownership under Section 90 of the Compani...
Company Law : Registrar of Companies penalizes Chimsen Technology ₹8 lakh for delayed SBO declaration under Section 90 of the Companies Act, 2...
Company Law : MCA imposes penalties on Shivsu Canadian Clear Waters Ltd. and SBO for non-submission of Form BEN-1 and BEN-2, as per Section 90 o...
Company Law : East Alpha Alliance Technology Pvt Ltd faces a penalty for failing to declare Significant Beneficial Owners under the Companies Ac...
Company Law : Government imposes penalties on Majid Al Futtaim Hypermarkets for non-compliance with Section 90 of the Companies Act, 2013, relat...
Significant Beneficial Owner (BEN) and recent amendments in India. Learn about designation requirements, designated persons, and importance of transparency.
Explore the MCA’s new SBO compliance rules and their impact on companies. Learn about designation, reporting, and potential clarifications.
Learn about latest compliance update from Institute of Chartered Accountants of India regarding Significant Beneficial Ownership rules and their implications.
Learn all about Significant Beneficial Owners (SBO) rules under Section 90 of Companies Act, 2013, and how they impact your company’s compliance. Get clarity on SBO criteria, exemptions, and responsibilities
Learn about Significant Beneficial Ownership (SBO) rules under Companies Act, 2013, including thresholds, reporting requirements, and common examples.
Explore 75 FAQs on Significant Beneficial Owners (SBO) in India, covering rules, regulations, declarations, and more. Get insights on SBO compliance.
Concept of Significant Beneficial Owner (SBO), its implications, procedural requirements, penalties for non-compliance, and exemptions. Stay compliant with SBO rules.
Learn about Significant Beneficial Owners (SBO) in India, aimed at promoting corporate transparency and preventing financial crime. Understand the impact of global ownership rules and compliance requirements.
As per Section 90 of Companies Act, 2013, every individual, who acting alone or together, or through one or more persons or trust, including a trust and person’s resident outside India, has (indirectly or indirect with direct holdings) following rights in reporting company:
Sub-section (4) of Section 90 of the Companies Act, 2013, stipulates that every company shall file a return of Significant Beneficial Owners of the company and changes therein with the Registrar containing names, addresses and other details in Form No. BEN-2 within 30 days from the date of receipt of declaration from Significant Beneficial Owner, as prescribed in Rule 4 of Companies (Significant Beneficial Owners) Rules, 2018.
