Finding the right Chartered Accountant in Pune for your a Private Limited Firm 's compliance needs can be challenging . Many organizations claim to offer top-notch services, but choosing a dependable CA with experience in managing this type of company requirements is crucial . Look for a CA who delivers customized solutions, understands the nuances
₹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