Gurugram, a thriving hub for businesses, boasts a wide array of Chartered Accountant (CA) firms offering comprehensive solutions. Whether you need assistance with tax planning, auditing, accountancy services, or other vital business functions, Gurugram's CA community can offer tailored solutions you require. Identifying the right CA firm for your n
₹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