Diving into the realm of stock trading can feel daunting initially, but it's certainly possible with a bit of understanding. Simply put, stock market commerce involves buying and selling shares of publicly available companies. You can engage through a brokerage platform, which acts as a middleman connecting you to the bourses. Before placing your f
₹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 c