https://www.taxtmi.com/acts?id=16270 Persons named on the register who are not beneficial owners must declare the true beneficial owner in the prescribed form and time; beneficial owners must declare their interest and any change within thirty days. Companies must note such declarations in the register and file a prescribed return with the Registrar within thirty days. Non-compliance by persons or companies attracts daily fines, and undisclosed charges or hypothecations created by ostensible owners are unenforceable by the beneficial owner or claimants through him. en-us Tue, 22 May 2012 14:51:43 +0530 Tue, 22 May 2012 14:51:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16270 Persons named on the register who are not beneficial owners must declare the true beneficial owner in the prescribed form and time; beneficial owners must declare their interest and any change within thirty days. Companies must note such declarations in the register and file a prescribed return with the Registrar within thirty days. Non-compliance by persons or companies attracts daily fines, and undisclosed charges or hypothecations created by ostensible owners are unenforceable by the beneficial owner or claimants through him. Act-Rules Companies Law Tue, 22 May 2012 14:51:43 +0530 https://www.taxtmi.com/acts?id=16270