Beneficial Ownership (‘SBO’) revolves around a vital concept of tracing out the
significant owners of a company. Why is there a need to identify SBO?
The answer lies in the fact that shareholders are
‘owners’ of a company and they have voting rights which can have an impact on
major decisions of the company. The concept of SBO made an impact on the Indian
corporate world in 2018. There were undetected beneficiaries behind major shareholdings
in various companies in the garb of other shareholders which were posing a
threat of hostile takeovers.
of shareholders might have had a formal name against a particular scrip, but
the actual beneficiaries were somebody else. This somehow caused a lack in
transparency as to knowing who the actual owners of the company were. To combat
this situation section 89 & 90 came into play read along with the SBO
appeared good on paper, the implementation was surrounded by an array of
still a cloud of confusion revolving around the same and the intention behind
this webinar is to address those queries revolving around SBO (both conceptual
provide a holistic understanding of SBO.
- To understand the practical implementation of the section read along with the rules.
- To have answers to general issues and queries revolving around SBO.
and practical clarity on matters of SBO in turn allowing better assessment and
handling of related issues in the company.
INR 3000 +
GST @ 18% Per Participant
5% on 2 nominations
from an organization.
10% on 3 or more
nominations from an organization.
Who Should Attend / Target Audience