Beneficial interest declaration: rules commence on publication in the official gazette and require disclosure of share ownership. Enactment of rules mandates a declaration of beneficial interest in shares, establishing a disclosure obligation under powers conferred by the Companies Act. The instrument is titled the Companies (Declaration of Beneficial Interest in Shares) Rules, 1975 and states that the rules come into force upon publication in the Official Gazette, thereby determining the commencement mechanism for the disclosure regime.
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Provisions expressly mentioned in the judgment/order text.
Beneficial interest declaration: rules commence on publication in the official gazette and require disclosure of share ownership.
Enactment of rules mandates a declaration of beneficial interest in shares, establishing a disclosure obligation under powers conferred by the Companies Act. The instrument is titled the Companies (Declaration of Beneficial Interest in Shares) Rules, 1975 and states that the rules come into force upon publication in the Official Gazette, thereby determining the commencement mechanism for the disclosure regime.
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