Looking for experienced Chartered Accountants in Gurugram? Gurugram features a wealth of highly qualified professionals who can guide you with all your business needs. Whether you require taxation services, strategic planning, or income tax solutions, Gurugram's renowned chartered accountants are committed to provide high-quality 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 Private Limited Registration in Pune Section 188 of the Companies Act, 2013, for failure to properly disclose and authorize Related Party Transactions (RPTs). The transactions in qu