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 https://alyssahqkp960153.tinyblogging.com/50-lakh-penalty-for-non-disclosure-of-related-party-transactions-a-caution-for-pvt-ltd-co-79569643