Recent amendment by MCA: a) Dematerialisation of Shares of Private Companies b) Disclosure of Beneficial Interest in LLPs

The MCA has recently implemented significant changes to improve transparency in how private companies handle securities and enhance supervision of LLPs and their partners. These changes aim to provide clarity and oversight in these areas. Enclosed is an update prepared for the recent changes introduced with respect to a) dematerialization of shares of Private Limited Companies and b) Introduction of Register of Partners and Disclosure of beneficial interest in LLPs.

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