Venturing into the stock trading floor can feel overwhelming, but with a little knowledge, it’s a adventure anyone can embark on. This short guide aims to provide a basic understanding of the core concepts involved. Initially, you'll need to choose a brokerage platform - compare fees and features before deciding. Next, familiarize yourself with c
₹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 Private Limited Regi