Navigating PLC compliance requirements in Pune can feel overwhelming, especially with the constantly evolving regulatory scene. Numerous business entrepreneurs seek a reliable and experienced Chartered Accountant (CA) to handle these critical tasks. Locating the ideal CA involves assessing factors like their specialization in company law, audit ser
₹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