Company Law : The Companies Act, 2013 requires companies to maintain registers of members and disclose beneficial ownership. These provisions en...
Company Law : Learn about Section 90 of the Companies Act and its rules on identifying significant beneficial owners (SBOs), including filing Fo...
Income Tax : Understand Section 79 of the Income Tax Act, 1961, concerning loss set-off in closely held companies. Explore judicial interpretat...
Company Law : Two significant provisions under this law are Section 89 and Section 90, which deal with the concepts of Beneficial Interest and S...
Company Law : RoC penalizes LinkedIn India & Samsung Noida for SBO non-disclosure, expanding the interpretation of control under India’s Compa...
Company Law : Learn about latest compliance update from Institute of Chartered Accountants of India regarding Significant Beneficial Ownership r...
Company Law : A massive delay in filing BEN-2 for significant beneficial ownership led to maximum penalties. The authority held that prolonged n...
Company Law : The authority penalized the company for not identifying SBOs despite clear evidence of control and influence. It held that such id...
Company Law : The issue was whether SBO exists without majority shareholding. The authority held that control and influence also determine SBO, ...
Company Law : A company and its directors were penalized under Section 90(11) of the Companies Act for failing to issue notices to Significant B...
Company Law : SRA Systems Limited was not penalized for failing to file Form BEN-2 as the foreign shareholder was dissolved before the complianc...
Understand the penalty imposed on Step1 Advertising Pvt Ltd by the Registrar of Companies, NCT of Delhi & Haryana, for non-compliance with Section 89 of the Companies Act, 2013.
Dive into Section 90 of the Companies Act, 2013 and the Significant Beneficial Owners Rules, 2018, aimed at enhancing transparency in corporate ownership and preventing misuse.
Learn about declaring beneficial interest in shares under the Companies Act, 2013. Understand the forms, timelines, and compliance requirements.
Explore the 2023 rules for Significant Beneficial Owners in LLPs, including compliance, reporting requirements, and impact on stakeholders.
LLP (Third Amendment) Rules, 2023 redefine compliance standards. Discover the pivotal changes, including the mandatory Register of Partners and implications of Significant Beneficial Ownership provisions. Stay informed for streamlined LLP governance
Explore LLP (Significant Beneficial Owner) Rules, 2023 issued by MCA, effective from Nov 09, 2023. Learn compliance, definitions, and impact on corporate transparency.
Unlock the intricacies of Significant Beneficial Owner (SBO) rules under the Companies Act, 2013, ensuring transparency in corporate ownership. Explore SBO provisions, compliance requirements, and the impact on individuals, auditors, and corporate officers
Delve into intricacies of Section 89 of Companies Act, 2013, governing beneficial interest in company shares. Learn about declarations, compliances, and role of registered and beneficial owners.
Learn what Significant Beneficial Ownership is and what affects it under Companies Act in India from this blog post. FATF, PMLA and other entities affect Ownership compliance and rules.
Impact of Significant Beneficial Owners (SBOs) under Companies Act, their identification criteria, reporting obligations, and the role of designated persons for transparent corporate governance.
