Venturing into the share market can feel intimidating, but with a little knowledge, it’s a experience anyone can embark on. This concise guide seeks to provide a basic understanding of the core principles involved. Initially, you'll need to pick a brokerage service - evaluate costs and features before deciding. Then, familiarize yourself with sta
₹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