Finding the perfect Chartered Accountant ( expert) in Pune for the private company registration can be tricky. Many entities seek a dependable guide who is familiar with the complexities of the procedure . Several CAs claim to be the premier in Pune, but significant research often reveals that [C
₹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