Looking for trustworthy Chartered Accountants in Gurugram? Gurugram houses a wealth of highly competent professionals who can assist you with all your financial needs. Whether you require taxation services, strategic planning, or business tax solutions, Gurugram's leading chartered accountants are dedicated to provide exceptional assistance. Cons
₹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 read more properly disclose and authorize Related Party Transactions (RPTs). The transactions in question, although initially