https://www.taxtmi.com/news?id=19627 The draft Rules require declarations by registered owners (Form BEN-1) and beneficial owners (Form BEN-2) within thirty days of registration or acquisition, company filing of returns (Form BEN-3) and maintenance of a register and returns for significant beneficial owners (Forms BEN-4, BEN-5, BEN-6). Companies must issue prescribed notices (Form BEN-7) to ascertain SBOs; recipients must respond within thirty days or the company may apply to the Tribunal for restrictions on the shares, including transfer, dividend and voting suspensions. The Rules include specified forms, inspection and fee provisions, limited exemptions and incorporate an amendment broadening the concept of beneficial interest and prescribing penalties for non-compliance. en-us Thu, 15 Feb 2018 16:56:49 +0530 Wed, 11 Feb 2026 15:57:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19627 The draft Rules require declarations by registered owners (Form BEN-1) and beneficial owners (Form BEN-2) within thirty days of registration or acquisition, company filing of returns (Form BEN-3) and maintenance of a register and returns for significant beneficial owners (Forms BEN-4, BEN-5, BEN-6). Companies must issue prescribed notices (Form BEN-7) to ascertain SBOs; recipients must respond within thirty days or the company may apply to the Tribunal for restrictions on the shares, including transfer, dividend and voting suspensions. The Rules include specified forms, inspection and fee provisions, limited exemptions and incorporate an amendment broadening the concept of beneficial interest and prescribing penalties for non-compliance. News - Thu, 15 Feb 2018 16:56:49 +0530 https://www.taxtmi.com/news?id=19627