Non-applicability of significant beneficial ownership rules excludes government and regulated investment vehicle holdings from coverage. Non-applicability of the Limited Liability Partnership (Significant Beneficial Owners) Rules is specified where a reporting LLP's contribution is held by the Central Government, State Government or local authority; by another reporting LLP, a body corporate or entity controlled by government(s); or by investment vehicles regulated by SEBI, the Reserve Bank of India, the Insurance Regulatory and Development Authority of India, or the Pension Fund Regulatory and Development Authority.
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.
Non-applicability of significant beneficial ownership rules excludes government and regulated investment vehicle holdings from coverage.
Non-applicability of the Limited Liability Partnership (Significant Beneficial Owners) Rules is specified where a reporting LLP's contribution is held by the Central Government, State Government or local authority; by another reporting LLP, a body corporate or entity controlled by government(s); or by investment vehicles regulated by SEBI, the Reserve Bank of India, the Insurance Regulatory and Development Authority of India, or the Pension Fund Regulatory and Development Authority.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
