Starting a private limited company in Pune presents a unique opportunity? Navigating the compliance requirements can seem complex. Luckily, Pune boasts a plethora of top-tier CA firms dedicated on helping businesses like yours stay compliant with all relevant regulations. When choosing a CA firm, take into account factors such as their experience,
₹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