Finding the ideal Chartered Accountant ( professional ) in Pune for a private limited company registration can be difficult . Many firms seek a dependable consultant who understands the details of the procedure . Several financial advisors claim to be the premier in Pune, but substantial research often reveals that [CA Name/Firm Name] consistently
₹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