https://www.taxtmi.com/acts?id=17386 Persons registered as shareholders who lack beneficial interest and persons holding beneficial interest must make prescribed declarations identifying the beneficial owner or registered holder; changes in beneficial interest must be declared within thirty days. Companies must record such declarations and file prescribed returns with the Registrar within thirty days. Statutory penalties apply for failures to declare or to file, enforcement of rights is barred where declarations are not made by the beneficial owner, and the statute defines beneficial interest to include rights to exercise share rights or receive distributions, while permitting government rules and exemptions. en-us Sat, 02 Mar 2013 11:39:02 +0530 Mon, 01 Dec 2025 13:13:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17386 Persons registered as shareholders who lack beneficial interest and persons holding beneficial interest must make prescribed declarations identifying the beneficial owner or registered holder; changes in beneficial interest must be declared within thirty days. Companies must record such declarations and file prescribed returns with the Registrar within thirty days. Statutory penalties apply for failures to declare or to file, enforcement of rights is barred where declarations are not made by the beneficial owner, and the statute defines beneficial interest to include rights to exercise share rights or receive distributions, while permitting government rules and exemptions. Act-Rules Companies Law Sat, 02 Mar 2013 11:39:02 +0530 https://www.taxtmi.com/acts?id=17386