Are you a resident of Kaithal searching for a reliable and expert Chartered Accountant (CA) to handle your tax filings? Look no further! Kaithal boasts a plethora of talented CAs who can assist you with all your tax-related needs. When you're an individual, a small business owner, BEST CA IN KAITHAL FOR CONSULTANCY or a large corporation, finding t
₹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