Venturing into the share market can feel daunting, but with a little familiarity, it’s a experience anyone can embark on. This brief guide aims to provide a foundational understanding of the core ideas involved. Initially, you'll need to pick a brokerage service - evaluate costs and features before deciding. Next, familiarize yourself with standa
₹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