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Significant Beneficial Owners Rules Rule 7
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The Companies (Significant Beneficial Owners) Rules, 2018

Rule 7 Application to the Tribunal.

Chapter
II · Register, Notice and Tribunal
Text as on
14 August 2026
7. Application to the Tribunal.- The reporting companyDefined in rule 2(f): reporting company means a company as defined in clause (20) of section 2 of the Act, required to comply with the requirements of section 90 of the Act shall apply to the Tribunal, -
(i) where any person fails to give the information required by the notice in FormDefined in rule 2(c): form means the form specified in Annexure to these rules No. BEN-4 , within the time specified therein; or
(ii) where the information given is not satisfactory,
in accordance with sub-section (7) of section 90, for order directing that the shares in question be subject to restrictions, including -
(a) restrictions on the transfer of interest attached to the shares in question;
(b) suspension of the right to receive dividend or any other distribution in relation to the shares in question;
(c) suspension of voting rights in relation to the shares in question;
(d) any other restriction on all or any of the rights attached with the shares in question.