TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Rules Define Significant Beneficial Owners: 10% Shareholding or More, Direct or Indirect, Must Be Reported</h1> The Companies (Significant Beneficial Owners) Rules, 2018, define key terms related to the identification of significant beneficial owners in companies. A significant beneficial owner is an individual holding at least 10% of shares, voting rights, or dividend rights in a reporting company, either directly or indirectly. The rules outline criteria for determining indirect holdings through various entities like corporate bodies, partnerships, trusts, and pooled investment vehicles. The term 'control' is defined as per the Companies Act, 2013, and 'majority stake' involves holding over half of equity share capital, voting rights, or distributable dividends. These rules aim to ensure transparency in the ownership and control of companies.
TaxTMI 
TaxTMI 
