| Home | October 2021News | Companies to Report any change in share holding to ROC with in 30 days in FORM BEN 1 and BEN 2 |
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 Companies to Report any change in share holding to ROC with in 30 days in FORM BEN 1 and BEN 2- Companies to Report any change in share holding to ROC with in 30 days in FORM BEN 1 and BEN 2
- October 11, 2021
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Shareholders are owners of the company as they invest money into company and are interested in financial position of the company. Companies Act, 2013 specifies multiple decisions which are to be taken by members in Annual General Meeting (“AGM”) or Extra-ordinary general (“EGM”) meeting either through special resolution or ordinary resolution or any other specified manner.
If majority of shares are held by any person or particular group of persons then such person or group of persons will become deciding authority by using its majority shareholding. Accordingly, recently Ministry of Corporate affairs has prescribed new reporting requirement for shareholders having substantial beneficial ownership.
BEN 1 – Declaration of significant beneficial ownership in shares
BEN 2 – Return of significant beneficial owners in shares
BEN 3 – Register of significant benefici...
- View more at: https://www.1888pressrelease.com/companies-to-report-any-change-in-share-holding-to-roc-with-pr-698334.html
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