Beneficial Interest in Company



Quick Summary
This article explains the concept of beneficial interest in company shares, distinguishing between the registered owner and the beneficial owner. It details the legal provisions under Section 89 of the Companies Act, 2013, and Rule 9 of the Companies (Management and Administration) Rules, 2014, which mandate declarations and filings (Forms MGT-4, MGT-5, MGT-6) for such interests. The article also covers the designation of a beneficial owner officer within companies and exemptions for certain funds.

SHORT SUMMARY The author will cover Everything about Beneficial Interest in Shares of Company in this article. The provisions of Beneficial Interest provided in Section 89 of Companies Act, 2013 read with rule 9 of the Companies (Management and Administration) Rules, 2014. In accordance wit
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About the Author

Practicing Compnay Secretary

CAREER PROFILE He is a Fellow Member of the Institute of Companies Secretaries of India having intense expertise in Corporate Law for the last 8 years. He is a young and progressive Practicing Company Secretary with zeal to dig deep into the nuances of Corporate Laws. Being a researcher at heart, he has done ... Read more

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