Dear All,
Anyone have a format of ultimate beneficial owner under SBO rules ?
Kindly share.
under
format
owner
beneficial
ultimate
Dear friend,
I need a clarification on the following
In a pvt Ltd co, there were 2 shareholders - one shareholder was a body corporate and another an individual.
Pvt Ltd co was the holding co
There after this pvt Ltd co transferred it's shares to another pvt Ltd co and the shares held by the individual were stated to be held by the individual as regd holder of those shares and the beneficial interest being with the holding co so as to make it a 100% subsidiary . This happened under the 1956 Act.
Now the shares held by the regd holder is also to be recorded as shares held by the beneficial owner. How is it to be done? Will it amount to share transfer or no, has share transfer duty to be paid?
Pl share your views on this. It is a bit urgent please.
Regards,
In case of change of shareholding of the beneficial owner, is it possible to file subsequent BEN-2 of same company?
owner
beneficial
Dear members
for filing the BEN 2 relating to " change in significant beneficial interest" then whether we have to fill only the changes in the shareholding or we have to give the complete data as we had given in the BEN 2 filed originally i.e. "for declaration of Significant Beneficial Ownership under Section 90".
pls confirm.
interest
beneficial
significant
change
relating
As per sec-90 significant beneficial owner needs to give the declaration in FORM-BEN-1, who holds more than 10%. my company is a wholly owned subsidiary co. of a foreign company and there is no such individual found who holds more than 10%, in such case senior managing official has to give the declaration. so my question is senior managing official of the reporting entity or the parent co. needs to give the declaration in FORM-BEN-1? Another ques of mine is that there is no such definition of senior managing official given in the section and the rules...so who will be treated as the senior managing official?? '
Click here to view / answer Share it onowner
beneficial
significant
Partnership Firm cannot be a Shareholder. But can it hold beneficial interest under Section 89.
interest
beneficial
holder
parntership
Transfer of beneficial interest in equity shares of Indian company from individual shareholder to foreign corporate shareholder who hold majority shareholding and is the 99.80 % shareholder under section 89. Does this transfer need to file FCTRS form of RBI?
interest
beneficial
Hello All
I am having one Holding and its 4 Subsidiaries, For BEN-2 will be the reporting company and the shareholders of Holding Company who are having 10 or more than 10% shares they have to give ben-1 declarations to reporting company.
My query is while filing the form-BEN-2 I kept For the declaration of Significant Beneficial Ownership under Section 90
Number of Significant Beneficial Owners for whom the form is being filed -03
Details of First SBO got filled in the Form but while filing the details of Second SBO the CIN of the Holding Company is not getting filled and showing an error message of this.
If anyone knows the solution kindly share.
error
owner
beneficial
significant
beneficial holder can receive dividend from the
company by virtue of the order given by the registered holder?
chance
dividend
receive
holder
beneficial
In case the beneficial holder and registered holder are two different people, who is entitled to receive the bonus shares /right shares (if any) declared by the company?
Click here to view / answer Share it onholder
registered
separate
both
beneficial
issue
case
right
Dear All
What should be the date in BEN 2- Date of acquiring significant beneficial Interest.
Thank in advance.
interest
beneficial
significant
acquiring
date
As per sec-90 significant beneficial owner needs to give the declaration in FORM-BEN-1, who holds more than 10%. my company is a wholly owned subsidiary co. of a foreign company and there is no such individual found who holds more than 10%, in such case senior managing official has to give the declaration. so my question is senior managing official of the reporting entity or the parent co. needs to give the declaration in FORM-BEN-1? Another ques of mine is that there is no such definition of senior managing official given in the section and the rules...so who will be treated as the senior managing official?? '
Click here to view / answer Share it onowner
beneficial
significant
