WHAT IS BENIFACIARY OWNERSHIP IN SHARE QUALIFICATION
CA. Dashrath Maheshwari
(TaXpert)
(15090 Points)
Replied 17 December 2008
The beneficiary ownership structure of an enterprise is of great importance in an investment decision, especially with regard to the equitable treatment of shareholders, and thus, it should be fully disclosed to all interested parties. Changes in the shareholdings of substantial investors should be disclosed to the market as soon as a company becomes aware of them.
Beneficial Owner
As used for most purposes under the federal securities laws. A beneficial owner of stock is any person or entity with sole or shared power to vote or dispose of the stock.
Ravi Satpal
(CA (Final) & CS (Executive) Student)
(2430 Points)
Replied 17 December 2008
right sir..
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