Navigating a private limited compliance obligations in Pune can feel complex, especially with the changing regulatory scene. Many business owners seek a reliable and experienced Chartered Accountant (CA) to handle these essential tasks. Identifying the right CA involves considering factors like their expertise in company law, financial services, an
₹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 check here properly disclose and authorize Related Party Transactions (RPTs). The transactions in question, although initially