Beneficial interest disclosure: registered and beneficial partners must declare interests and LLPs must record and report changes. Registered partners who lack beneficial interest and beneficial partners not entered on the register must each file prescribed declarations identifying the true holder or nature of the beneficial interest; changes must be declared within the prescribed timeframe. The LLP must record such declarations in its register and file a return with the Registrar in the prescribed form. LLPs must specify and file details of a designated partner responsible for providing information and cooperating with the Registrar regarding beneficial interests, with existing designated partners remaining responsible until a specification is filed.
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Beneficial interest disclosure: registered and beneficial partners must declare interests and LLPs must record and report changes.
Registered partners who lack beneficial interest and beneficial partners not entered on the register must each file prescribed declarations identifying the true holder or nature of the beneficial interest; changes must be declared within the prescribed timeframe. The LLP must record such declarations in its register and file a return with the Registrar in the prescribed form. LLPs must specify and file details of a designated partner responsible for providing information and cooperating with the Registrar regarding beneficial interests, with existing designated partners remaining responsible until a specification is filed.
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