Beneficial Interest
Legal definition for Indian law research
Definition
Beneficial interest, means (1) a company's residual interests under pension and employee's share schemes; (2) employer's charges and other rights of recovery; and (3) on trustees right to expenses, remuneration and indemnity, Halsbury's Laws of England, Vol. 7(1), 4th Edn., Para 343, p. 235.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.