https://www.taxtmi.com/article/detailed?id=7814 Individuals meeting the prescribed threshold for beneficial interest or exercising significant influence must declare particulars to the company; exemptions may be prescribed. Companies must maintain a register of declared interests, allow member inspection for prescribed fees, and file returns of significant beneficial owners with the Registrar. Companies must issue notices to known or suspected significant beneficial owners or related persons; recipients must respond within 30 days. If responses are absent or unsatisfactory, the company may apply to the Tribunal within 15 days for orders restricting transfers and suspending rights; the Tribunal may make such orders after hearing. Prescribed fines apply to individuals, companies and officers for defaults. en-us Tue, 09 Jan 2018 08:05:11 +0530 Tue, 09 Jan 2018 08:05:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7814 Individuals meeting the prescribed threshold for beneficial interest or exercising significant influence must declare particulars to the company; exemptions may be prescribed. Companies must maintain a register of declared interests, allow member inspection for prescribed fees, and file returns of significant beneficial owners with the Registrar. Companies must issue notices to known or suspected significant beneficial owners or related persons; recipients must respond within 30 days. If responses are absent or unsatisfactory, the company may apply to the Tribunal within 15 days for orders restricting transfers and suspending rights; the Tribunal may make such orders after hearing. Prescribed fines apply to individuals, companies and officers for defaults. Articles Corporate Laws / IBC / SEBI Tue, 09 Jan 2018 08:05:11 +0530 https://www.taxtmi.com/article/detailed?id=7814