eMinds Legal Advocates & Solicitors
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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Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2019
As per the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2019 dated 19th February, 2019, in the Annexure, in Form PAS 3, in serial no. 6, in item (b), the words "not allotted securities with an application size of less than twenty thousand per person" shall be omitted. Content of this Rule is… Read More
Institute of Chartered Accountants of India to withdraw its announcement regarding clarification on Applicability of Rotation principles on a Company as per Section 139 of the Companies Act, 2013
Ministry has issued a letter to Institute of Chartered Accountants of India (ICAI) dated 15th Feb, 2019 to withdraw its announcement regarding clarification on Applicability of Rotation principles on a Company as per Section 139 of the Companies Act, 2013, where the Company ceases to fall under the ambit of Rotation principles under subsequent years.… Read More
Check List of documents for filing of New Design Applications (online and Offline)
Check List of documents for filing of New Design Applications (online and Offline) In order to process the design applications faster, the applicants are hereby requested to submit/upload the following documents. The applicants are also advised to submit the original or paper copy of the electronically filed (e-filing) documents within 15 days of such electronic… Read More
Relaxation from requirement to furnish a copy of PAN for transfer of equity shares of Listed Entities executed by non- residents
Securities and Exchange Board of India (SEBI) vide its circular dated 11th February, 2019 under Section 11(1) of SEBI Act, 1992 read with regulation 101 and 102 of the Listing Obligations and Disclosure Requirements (LODR), addresses the difficulties faced by investors in transfer of physical shares as many of the non-residents do not possess PAN… Read More
Companies (Significant Beneficial Ownership) Amendment Rules, 2019
As per notification dated 8th February, 2019, Section 469 (1) and (2) of the Companies Act, 2013 read with section 90 of the Companies Act, 2013, Central Government amends the Companies (Significant Beneficial Owners) Rules, 2018, as Companies (Significant Beneficial Owners) Amendment Rules, 2019 effective from 8th February, 2019. Some of the Key points are… Read More
Format for Annual Secretarial Audit Report and Annual Secretarial Compliance Report for listed entities and their material subsidiaries
SEBI vide it’s Circular dated February 08, 2019 has specified the Format for Revised Annual Secretarial Audit Report for listed entities and material unlisted subsidiaries and Format for Annual Secretarial Compliance Report applicable to listed entities. These formats shall be effective from the financial year ended March 31, 2019. Further, it has amended the SEBI… Read More
Notification under Section 465 of Companies Act, 2013
As per the notification dated 30th January, 2019, Central Government has appointed 30th January, 2019 as the date on which the provisions of Section 465 of the Companies Act, 2013 relating to the repeal of Companies Act, 1956 shall come into force. However, exception has been provided related to the repeal of Registration of Companies… Read More
eForm INC.20A (Declaration for commencement of business) available on MCA21 w.e.f 26th January 2019.
MCA has made available eForm INC.20A for Declaration for commencement of business, will be available on MCA21 Company Forms Download page w.e.f 26th January 2019. The Form shall be filed by all the Companies incorporated on or after 2nd November, 2018, within 180 days from the date of its incorporation. Read More
Companies (Prospectus and Allotment of Securities) Amendment Rules, 2019
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 22nd January, 2019 G.S.R. 43(E).—In exercise of the powers conferred by section 26, sub-section (1) of section 27, section 28, section 29, sub-section (2) of section 31, sub-sections (3) and (4) of section 39, sub-section (6) of section 40 and section 42 read with section 469 of… Read More
Companies (Acceptance of Deposits), Amendment Rules, 2019
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Corporate Affairs Notification New Delhi, the 22 January,2019, G.s.R. _ (E). - In exercise of the powers conferred by clause (31) of section 2 and section 73 read with sub-sections (1) and (2) of section… Read More
Companies (furnishing of Information about Payment to micro and small enterprise suppliers) Order, 2019
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 22nd January, 2019 S.O. 368(E).—Whereas, the Central Government vide notification number S.O. 5622(E), dated the 2nd November, 2018 has directed that all companies, who get supplies of goods or services from micro and small enterprises and whose payments to micro and small enterprise suppliers exceed forty five… Read More
NCLT Amendment Rules, 2019 Dated 15.01.2019
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 15th January, 2019 G.S.R.29(E).—In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the National Company Law Tribunal Rules, 2016, namely:- 1. (1)… Read More
RBI announces the New External Commercial Borrowings (ECB) Framework
RBI announces the New External Commercial Borrowings (ECB) Framework January 16, 2019 As part of the on-going efforts at rationalising multiple regulations framed under FEMA 1999 over a period of time, the regulations governing all types of borrowing and lending transactions between a person resident in India and a person resident outside India, both in… Read More
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