Starting a business in Kaithal has become easier than ever before thanks to the growth of new private limited company registration services. These services offer a quick and cost-effective way for entrepreneurs to establish their own companies. With the help of these services, entrepreneurs can unde
₹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 transac