MCA fines Nadella, LinkedIn India, 8 others for violating SBO norms

sbo  A SBO 401 is a tax-deferred, government-registered retirement savings plan for small business owners  The Companies Act, 2013 specifically deals with the SBO and does not have provisions for Ultimate Beneficial Owner and this difference needs to be understood

Go to SBO Portal  Go to SBO Portal

Form BEN-2 allows the user to enter SBO ID even in case where the beneficial interest in LLP is being reported for the first time  SBO means an individual, who acting alone or together, or through one or more persons or trust, possesses one or more of the following rights or