Finding the right CA firm in Gurugram can be the essential step for companies and taxpayers seeking trustworthy financial support. Gurugram boasts the impressive array of renowned Accounting firms , some delivering particular services such as tax preparation , audit offerings , and corporate comp
₹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). T