Short Ttitle and Commencement (1) These rules may be called the Companies (Declaration and Payment of Dividend) Rules, 2014. (2) They shall come into force on the 1st day of April, 2014. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST […]

Non-Applicability These rules shall not be made applicable to the extent the share of the reporting company is held by, (a) the authority constituted under sub-section (5) ofsection 125 of the Act; (b) its holding reporting company: Provided that the details of such holding reporting company shall be reported in -fForm No. BEN-2]. (c) the Central Government, State Government or any local

Application to the Tribunal The reporting company shall apply to the Tribunal, (i) where any person fails to give the information required by the notice in Form No. BEN-4, within the time specified therein; or (ii) where the information given is not satisfactory, in accordance with sub-section (7) of Section 90, for order directing that the shares in question be

Notice seeking information about significant beneficial owners. A company shall give notice seeking information in accordance with under sub-section (5) of Section 90, in Form No. BEN-4.

Register of significant beneficial owners (1) The company shall maintain a register of significant beneficial owners in Form No. BEN-3. (2) The register shall be open for inspection during business hours, at such reasonable time of not less than two hours, on every working day as the board may decide, by any member of the company on payment

Return of significant beneficial owners in shares Upon receipt of declaration under rule 3, the reporting company shall file a return in [2Form No. BEN-2 ] with the Registrar in respect of such declaration, within a period of thirty days from the date of receipt of such declaration by it, along with the fees as prescribed in Companies (Registration

Declaration of Significant Beneficial Ownership under Section 90 (1) On the date of commencement of the Companies (Significant Beneficial Owners) Amendment Rules, 2019, every individual who is a significant beneficial owner in a reporting company, shall file a declaration in Form No. BEN-1 to the reporting company within ninety days from such commencement. (2) Every individual, who subsequently becomes a significant beneficial owner,or

Duty of the reporting company (1) Every reporting company shall take necessary steps to find out if there is any individual who is a significant beneficial owner, as defined in clause (h) of rule 2, in relation to that reporting company, and if so, identify him and cause such individual to make a declaration in Form No. BEN-1. (2) Without prejudice

Definitions (I) In these rules, unless the context otherwise requires,- (a) “Act” means the Companies Act,2013 (18 of 2013); 1[(b) “control” means control as defined in clause (27) of section 2 of the Act (c) “form” means the form specified in Annexure to these rules; (d) “majority stake” means;- (i) holding more than one-half of the equity share capital in

Short title and commencement (1) rules may be called the Companies (Significant Beneficial Owners) Rules,20I8. (2) They shall come into force on the date of their publication in the Official Gazette Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration