Navigating the intricate landscape of business registration in Pune can be overwhelming, making it crucial to find a trustworthy Chartered Accountant (CA). Many entrepreneurs are seeking for a CA who offers expert guidance and efficient registration support. Several firms offer business formation
₹50 Lakh Penalty for Non-Disclosure of Related Party Transactions — A Caution for Pvt Ltd Co.
Recently, the Registrar of Companies (ROC) in Bangalore imposed a penalty of ₹50 lakh on the directors of M/s Stanley Lifestyle Limited. The penalty was levied under Section 188 of the Companies Act, 2013, for failure to properly disclose and authorize Related Party Transactions (RPTs). T