Beneficial interest declaration requires registered partners to disclose beneficial owners and supporting instruments for LLP contributions. Registered partners who do not hold the beneficial interest in an LLP contribution must declare the person(s) holding the beneficial interest, providing specified particulars (identity, contact, age, familial details, occupation, nationality, identification numbers and passport where applicable), state the nature and date of creation of the beneficial interest, reasons for non-registration in the beneficial partner's name, and furnish instruments evidencing creation. Any changes to the beneficial interest must be disclosed with date, nature, particulars, reasons and supporting documents; the declaration must be signed and accompanied by identity proofs and the relevant instrument(s).
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.
Beneficial interest declaration requires registered partners to disclose beneficial owners and supporting instruments for LLP contributions.
Registered partners who do not hold the beneficial interest in an LLP contribution must declare the person(s) holding the beneficial interest, providing specified particulars (identity, contact, age, familial details, occupation, nationality, identification numbers and passport where applicable), state the nature and date of creation of the beneficial interest, reasons for non-registration in the beneficial partner's name, and furnish instruments evidencing creation. Any changes to the beneficial interest must be disclosed with date, nature, particulars, reasons and supporting documents; the declaration must be signed and accompanied by identity proofs and the relevant instrument(s).
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