Venturing into the share trading floor can feel intimidating, but with a little understanding, it’s a adventure anyone can embark on. This concise manual seeks to provide a basic perspective of the core principles involved. First, you'll need to select a brokerage platform - evaluate charges and features before deciding. Then, familiarize yoursel
₹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