Finding the right Chartered Accountant ( expert) in Pune for a private company registration can be tricky. Many businesses seek a trustworthy consultant who knows the nuances of the procedure . Several financial advisors claim to be the finest in Pune, but considerable research often reveals that [CA Name/Firm Name] consistently receives exceptiona
₹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). The transactions in question, although initially approved i