Time-limited filing obligations require significant beneficial owners to submit Form LLP BEN-1 after commencement or ownership changes. The Rules require every individual who is a significant beneficial owner in a reporting LLP to file a declaration in Form No. LLP BEN-1 to the reporting LLP within the commencement-period; subsequent acquisitions or changes in significant beneficial ownership likewise trigger a filing in the same form within a shorter post-event period, and events occurring within the initial commencement window are deemed to have occurred at the end of that window for computing the post-event filing period.
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.
Time-limited filing obligations require significant beneficial owners to submit Form LLP BEN-1 after commencement or ownership changes.
The Rules require every individual who is a significant beneficial owner in a reporting LLP to file a declaration in Form No. LLP BEN-1 to the reporting LLP within the commencement-period; subsequent acquisitions or changes in significant beneficial ownership likewise trigger a filing in the same form within a shorter post-event period, and events occurring within the initial commencement window are deemed to have occurred at the end of that window for computing the post-event filing period.
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