In the recent past, LinkedIn Technology
Information Private Limited (“LinkedIn India” or
“the Company”) has faced adjudication
proceedings before the Registrar of Companies
(“RoC”) for alleged non-compliance with respect
to the disclosure of significant beneficial owner
(“SBO”) in accordance with the provisions of the
Companies Act, 2013 (“Act”). This article delves
into the issues considered in the adjudication
order by RoC in detail, providing insights into the
criticalness of SBO reporting under the Act.