India (IN)

Jurisdiction Overview

473 *BO Update: Is the update of information on the identity of beneficial owners mandatory? Yes
 Data Date: 2019


According to Mondaq: "Any individual, who subsequently becomes a significant beneficial owner in the Relevant Company or whose significant beneficial ownership undergoes any change, is required to file a declaration with the Relevant Company in Form BEN-1 within 30 days of such acquisition or change.[...] Once the Relevant Company receives the declaration from a significant beneficial owner, it is required to file a return in Form BEN-2 with the Registrar of Companies, within 30 days of receipt of such declaration" (