Finding the right expert for your private limited company's compliance needs in Pune can be tricky. Several firms offer support, but identifying the reliable one requires careful evaluation. Look for a financial advisor with established experience in handling limited company incorporation , GST submissions, tax preparation , and yearly mandatory ch
₹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