The Corporate Affairs Ministry on Wednesday slapped fines on Microsoft-owned LinkedIn India, Satya Nadella and eight other individuals for violation of the.
LinkedIn is reviewing penalties imposed by the Ministry of Corporate Affairs for violating SBO norms. The Rs 27.1 lakh fines target LinkedIn India, Microsoft s CEO Satya Nadella, CEO Ryan Roslansky, and others. The order requires disclosure of significant beneficial owners, penalizing non-compliance. Appeal options are available within 60 days.
Andy Jassy had joined Amazon when he was 29. He was hired as a product manager and over the years he rose through ranks to eventually replace Jeff Bezos as the CEO in 2021.
LinkedIn India, along with Microsoft CEO Satya Nadella and LinkedIn CEO Ryan Roslansky, have been levied penalties by the Ministry of Corporate Affairs (MCA) for failing to comply with provisions of the Companies Act.expand more