Finding reliable chartered accountants in Kaithal can be difficult. However, there are numerous highly qualified professionals available to assist with your tax needs. Whether you require help with taxation, strategic advisory, or other accountancy services, Kaithal offers a wide range of options. It is essential to choose a chartered accountant w
₹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