Beneficial ownership expanded to include beneficial owners and significant beneficial owners, widening companies' disclosure and record-keeping obligations. Amendment broadens the class of persons covered by section 216 by expressly adding persons who have or had a beneficial interest in a company's shares and those who are or have been a beneficial owner or significant beneficial owner, effected by inserting a new clause (c) after existing clause (b) and adjusting the wording of clause (b).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Beneficial ownership expanded to include beneficial owners and significant beneficial owners, widening companies' disclosure and record-keeping obligations.
Amendment broadens the class of persons covered by section 216 by expressly adding persons who have or had a beneficial interest in a company's shares and those who are or have been a beneficial owner or significant beneficial owner, effected by inserting a new clause (c) after existing clause (b) and adjusting the wording of clause (b).
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