Beneficial ownership and legal ownership
This query is : Resolved
16 August 2014
What is the difference between beneficial ownership and legal ownership? And what is the difference between beneficial holder of shares and registered holder of shares?
Nikhil Kaushik
(Expert)
16 August 2014
the person whose name is entered into register of shareholders is the legal owner of the shares. the beneficial owner is the person who though don't hold the shares legally but enjoys the benefit through a conduit. The conduit could be trusts, transfers without consideration etc.
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