Significant beneficial owners must file Form BEN-1 within 90 days at commencement or within 30 days of acquisition or change. Individuals who are significant beneficial owners must file a declaration in Form No. BEN-1 with the reporting company: existing owners at commencement of the Amendment Rules, 2019 file within ninety days; those who later acquire or whose ownership changes file within thirty days. If the acquisition or change occurs within the initial ninety-day commencement period, it is deemed to have occurred on the expiry of that ninety days and the thirty-day filing period runs from the deemed date.
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.
Significant beneficial owners must file Form BEN-1 within 90 days at commencement or within 30 days of acquisition or change.
Individuals who are significant beneficial owners must file a declaration in Form No. BEN-1 with the reporting company: existing owners at commencement of the Amendment Rules, 2019 file within ninety days; those who later acquire or whose ownership changes file within thirty days. If the acquisition or change occurs within the initial ninety-day commencement period, it is deemed to have occurred on the expiry of that ninety days and the thirty-day filing period runs from the deemed date.
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