Setting up and running a private limited company requires meticulous attention to detail, especially when it comes to legal and financial compliance. In Kaithal, you'll find a plethora of Tax Consultants offering specialized services tailored for the needs of such companies. These experts can help with various aspects, including company registrat
₹50 Lakh Penalty for Section 188 Violation: A Wake-Up Call for Private Limited Companies in India
In a major compliance action, the Registrar of Companies (ROC) Bangalore has imposed a penalty of ₹50 lakh on the directors of M/s Stanley Lifestyle Limited for violating Section 188 of the Companies Act, 2013, related to non-disclosure of Related Party Transactions. This case reinforces a critical truth for all businesses: ❗ Compliance of a