Venturing into the stock trading floor can feel daunting, but with a little understanding, it’s a journey anyone can embark on. This brief overview aims to provide a foundational understanding of the core principles involved. To start, you'll need to choose a brokerage account - evaluate costs and services before deciding. Next, familiarize yours
₹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