Finding the best-suited Chartered Accountant (CA) in Gurugram can be a complex task. With a abundance of options website available, it's important to opt for one who possesses the expertise and experience to meet your specific business needs. Numerous factors should be evaluated when making your selection, including industry specialization, clien
₹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