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...
LLPs now need to comply to the MCA’s new SBO rules. Learn more about identifying Significant Beneficial Owners in India’s corporate sector and LLPs now!
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:
