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eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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Articles by eMinds Legal

Spread margin benefit in commodity futures contracts: SEBI Circular

CIRCULAR SEBI/HO/CDMRD/DRMP/CIR/P/2018/51 March 20, 2018 To, The Managing Directors / Chief Executive Officers National Commodity Derivatives Exchanges Sir / Madam, Sub: Spread margin benefit in commodity futures contracts 1. Vide circulars CIR/CDMRD/DRMP/01/2015 dated October 01, 2015, SEBI/HO/CDMRD/DRMP/CIR/P/2016/77 dated September 01, 2016 and SEBI/HO/CDMRD/DRMP/CIR/P/2016/130 dated December 02, 2016, SEBI has prescribed norms inter-alia for providing margin… Read More

Govt. imposes anti-dumping duty on imports of ‘Dimethylacetamide’ exported from China PR and Turkey

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No.12/2018-Customs (ADD) New Delhi, the 20th March, 2018 G.S.R…. (E). - Whereas, in the matter of import of ‘Dimethylacetamide’ (hereinafter referred to as the subject goods) falling under the sub-heading… Read More

Govt. amends notification No. 11/2014-Customs (ADD) dt. 11th March, 2014

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 10/ 2018-Customs (ADD) New Delhi, the 20th March, 2018 G.S.R. (E). -Whereas, the designated authority vide notification No. 7/2/2018-DGAD, dated the 26th February 2018, published in Part I, Section… Read More

SEBI notifies Stock Brokers and Sub-Brokers Amendment Regulations, 2018

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 13th March, 2018 Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) (Amendment) Regulations, 2018 No. SEBI/LAD-NRO/GN/2018/03.—In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations… Read More

Agency commission payable to banks for operating Special Deposit Scheme :RBI

RBI/2017-18/140 DGBA.GBD.2294/15.01.001/2017-18 March 15, 2018 All Agency Banks handling Special Deposit Scheme Dear Sir, Agency commission payable to banks for operating Special Deposit Scheme (SDS) Please refer to para 2 of our Master Circular RBI/2017-18/2 dated July 1, 2017 on Conduct of Government Business by Agency Banks- Payment of Agency Commission where in it is mentioned that… Read More

SEBI (Mutual Funds) (Amendment) Regulations, 2018 notified

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 13th March, 2018 Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulation, 2018 No. SEBI/LAD-NRO/GN/2018/02.—In exercise of the powers conferred by section 30 read with clause (c) of sub-section (2) of section 11 of the Securities and Exchange Board of India Act, 1992 (15 of… Read More

RBI notification on submission of returns by the government-owned NBFC

RBI/2017-18/141 DNBS.PD.CC.No.1925/66.08.001/2017-18 March 15, 2018 To All Government-Owned Non-Banking Financial Companies (NBFCs) Madam/ Sir, Submission of returns by the Government-owned Non-Banking Financial Companies In exercise of the powers conferred by sections 45JA, 45K and 45L of the Reserve Bank of India Act, 1934 (hereinafter referred to as the RBI Act), it has been decided to… Read More

CBDT amends Income Tax NoT No. 49/2015 dt. 22nd June, 2015 with retrospective effect

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 13th March, 2018 G.S.R. 221(E).—In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby amends the notification of the Ministry of Finance (Department of Revenue), number… Read More

RBI discontinues issue of LoUs /LoCs for Trade Credits

RBI/2017-18/139 A.P. (DIR Series) Circular No. 20 March 13, 2018 All Authorised Dealer Category – I Banks Madam/ Sir Discontinuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade Credits Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to paragraph 2 of A.P. (DIR Series) Circular No.… Read More

CBEC issues circular on processing of refund applications for UIN entities

Circular No. 36/10/2018-GST F. No. 349/48/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, Dated the 13th March, 2018 To, The Principal Chief Commissioners/Chief Commissioners/ Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals / Director Generals (All) The Principal Chief… Read More

SEBI issues clarification in respect of investment by certain Category II FPIs

CIRCULAR CIR/IMD/FPIC/47/2018 March 13, 2018 To, 1. All Foreign Portfolio Investors ("FPIs") through their Designated Depository Participants ("DDPs")/ Custodian of Securities. 2. All Recognized Stock Exchanges 3. The Depositories (NSDL and CDSL) Sir/ Madam, Subject: Clarifications in respect of investment by certain Category II FPIs I. This is in reference to SEBI circular No. CIR/IMD/FPIC/… Read More

RBI issues directions on Hedging of Commodity Price Risk and Freight Risk in Overseas Markets

RBI/2017-18/138 A.P. (DIR Series) Circular No. 19 March 12, 2018 To All Category - I Authorised Dealer Banks Madam / Sir, Hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) Directions Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to regulation 6 and 6A of the Foreign… Read More

Govt. imposes anti-dumping duty on imports of ‘O-Acid’ originating in or exported from China PR

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REx`VENUE) NOTIFICATION No. 6/2018-Customs (ADD) New Delhi, the 12th March, 2018 G.S.R. (E). – Whereas, in the matter of import of ‘O-Acid’ (hereinafter referred to as the subject goods), falling under Chapter… Read More

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