NEW COMPANY RULES TIGHTEN REPORTING OF SIGNIFICANT BENEFICIAL OWNERSHIP

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Published On: 08/03/2019

Practice Area: Corporate & Commercial, Private Equity, Venture Capital and Fund Investment

Authors:

Pallavi Kanakagiri
Khusnuma Nagwaswalla
Suvarna Swain
The recently-introduced Companies (Significant Beneficial Owners) Amendment Rules, 2019, have been published in the Official Gazette. They have been introduced to identify individuals who have a significant holding or interest in a corporate entity, and to bring clarity to the previous rules. INDUSLAW’s Pallavi Kanakagiri, Khusnuma Nagwaswalla and Suvarna Swain discuss their key features and their possible impact.

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