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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

https://saulasty201799.ageeksblog.com/34722536/50-lakh-penalty-for-non-disclosure-of-related-party-transactions-a-caution-for-pvt-ltd-co