appointment
Can board fix the benpose date before the Board meeting where Agm Notice is being approved?
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Ankit Ltd. is a Reporting Company, where in AFSL Ltd is holding 18% shares in reporting company.
now while checking the majority shareholding in AFSL Ltd. we found:-
Individual Holding along with PAC (through relatives) is 35% only i.e below 51%
but there is a Another company Prix ltd. holding 44% Shares in AFSL Ltd. (Note Prix Ltd is a group companies closely held by promoters of Ankit Ltd)
should we consider Indivual +PAC + PRix Ltd. holding for considering majority holding in AFSL Ltd. for considering SBO?
THROUGH THE PROVISION SAYS THAT INDIVIDUALS WHO ARE HOLDING MAJORITY SHALL BE SBO.
As per the circular from MCA ,
Significant beneficial ownership is defined as :-
"significant beneficial owner” means an individual referred to in sub-section (1) of section 90 (holding ultimate
beneficial interest of not less than ten per cent.) read with sub-section (10) of section 89, but whose name is not
entered in the register of members of a company as the holder of such shares"
Now the question is if any natural person holds 10% share of the company then he shall be regarded as beneficial owner or not?
(as the definition says SBO are those who have 10% or more interest in company and whose name is not mentioned in the register of member of the company.
ownership beneficial significant definition real
At the time of filing of DIR-3 KYC we are required to attach PAN, AADHAR, PASSPORT.
So, my question is are these documents required attestation by professional like CA/CA/CWA along with self attestation?
Please Help
respect professional attestation requires documents what is the effective date of section 90 (The section related to beneficial ownership) ?
Click here to view / answer Share it onas we all know for appointment we need to file DIR-12, MGT-14 & MR-1 But in case of reappointment do i need to file DIR-12 ? IF YES THEN THERE IS NO SUCH option for reappointment in DIR-12. all you can select is resignation , appointment and Change in designation if i file DIR-12 then it will be treated as FRESH appointment I GUESS.
Click here to view / answer Share it onappointment As all the director is required to mention the interest elsewhere and is placed before the first BM is required to be submitted to stock exchange?
Click here to view / answer Share it onwhat are remedies available to the company and the existing director if the past/former director refused to handover some documents which belongs to the company. Is there any section allotted for cases like this? Note:- we have removed the director now he is refusing to handover the documents.
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