◈Definition
A Significant Beneficial Owner is an individual with ultimate beneficial ownership in a company — directly or indirectly — above the prescribed threshold (typically 10% of shares, voting rights, or distributable profits). Section 90 of the Companies Act 2013 requires SBOs to be declared to the company via Form BEN-1 and the company to report them to the ROC via Form BEN-2. SBO disclosure is part of India's broader anti-shell-company and anti-money-laundering framework.
◉See also
Official references and corrections
References explain the underlying rules. They do not certify a particular company, director or CorpIntel record. Check current amendments, notifications and the documents for your situation.
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