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 (Share Capital and Debentures) Third Amendment Rules, 2016
The Ministry of Corporate Affairs has issued rules dated 19.07.2016 regarding Companies (Share Capital and Debentures) Third Amendment Rules, 2016. Please click on the below link to access the rules: Companies (Share Capital and Debentures) Third Amendment Rules, 2016. Read More
In exercise of the powers conferred by sub- section (1) of section 381 of the Companies Act, 2013
The Ministry of Corporate Affairs has issued notification dated 19.07.2016 regarding sub- section (1) of section 381 of the Companies Act, 2013. Please click on the below link to download the notification: In exercise of the powers conferred by sub- section (1) of section 381 of the Companies Act, 2013 Read More
Appointment of Members on QRB of Institute of Chartered Accountants of India
GOVERNMENT OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 12th July, 2016 G.S.R. 681(E).-In exercise of the powers conferred by section 28A of the Chartered Accountants Act, 1949 (38 of 1949), the Central Government hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Corporate Affairs, vide… Read More
Income Tax order by sub-section (2) of section 138 of the Income-tax Act, 1961
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) ORDER New Delhi, the 6th July, 2016 S.O.2322 (E)- In exercise of the powers conferred by sub-section (2) of section 138 of the Income-tax Act, 1961(43 of 1961), the Central Government… Read More
Acceptance of Fixed Deposit Receipts (FDRs) by Clearing Corporations
CIRCULAR CIR/MRD/DRMNP/65/2016 July 15, 2016 To All recognized Clearing Corporations Dear Sir / Madam, Sub: Acceptance of Fixed Deposit Receipts (FDRs) by Clearing Corporations 1) Currently, Fixed Deposit Receipts of banks are accepted by Clearing Corporations as eligible collateral from the participants. 2) It is observed that some banks who are also trading members/ clearing… Read More
Commercial Contracts Masterclass
Master Circular – Mobile Banking transactions in India – Operative Guidelines for Banks
RBI/2016-17/17 DPSS.CO.PD.Mobile Banking.No./2/02.23.001/2016-2017 July 1, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam /Dear Sir, Master Circular – Mobile Banking transactions in India – Operative Guidelines for Banks As you are aware, the… Read More
Companies (cost records and audit) Amendment Rules, 2016
The principal rules were published in the Gazette of India, Extraordinary, Part ll, Section 3, Subsection (i), vide number G.S.R. 425 (E), dated the 3oth June, 2014 and amended vide number G.S.R. 01(E), dated the 31st December, 2014 and vide number G.S.R. 486 (E), Dated the 12th June, 2015. Please click on the below link to… Read More
Master Circular – Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India
RBI/2016-2017/16 DPSS.CO.PD.PPI.No.01/02.14.006/2016-17 July 01, 2016 All Prepaid Payment Instrument Issuers, System Providers, System Participants and all other Prospective Prepaid Payment Instrument Issuers Madam / Dear Sir, Master Circular – Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India As you are aware, the Reserve Bank of India has, from time to time,… Read More
Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes
RBI/2016-17/15 DCM (NE) No.120/08.07.18/2016-17 July 14, 2016 Chairman and Managing Director/ Managing Director / Chief Executive Officer All Banks Dear Sir / Madam, Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes Please refer to Reserve Bank of India (Note Refund) Rules, 2009 (NRR, 2009) and Master Circular DCM (NE) No.G-2/08.07.18/2015-16 dated July 1, 2015 on… Read More
Investments in Non-SLR instruments by State / Central Co-operative Banks
RBI/2016-17/14 DCBR.BPD.BC.No. 01/19.51.026/2016-17 Ashadha 23, 1938 July 14, 2016 All State / Central Co-operative Banks Dear Sir / Madam, Investments in Non-SLR instruments by State / Central Co-operative Banks Please refer to our circulars RPCD.CO.RF.BC.26/07.02.03/2005-06 dated August 4, 2005 and DCBR.CO.RCBD.BC.No.5/19.51.026/2015-16 dated October 21, 2015 on the captioned subject. 2. With a view to providing… Read More
Simplification of Account Opening Kit
CIRCULAR CIR/MIRSD/64/2016 July12, 2016 1. All Recognized Stock Exchanges 2. Stock Brokers through Recognized Stock Exchanges 3. All recognised Depositories 4. Depository Participants through Depositories Dear Sir/ Madam, Subject: Simplification of Account Opening Kit 1. Presently, a stock broker/ depository participant is required, in terms of SEBI circulars: (a) No. MIRSD/ SE /Cir-19/2009 dated December… Read More
Consultation paper for Disclosure of financial information in offer document/placement memorandum and for Valuation in respect of SEBI (Infrastructure investment trusts) Regulations, 2014
A. Background 1.1. The SEBI (Infrastructure investment trusts) Regulations, 2014 (InvIT Regulations) were notified on September 26, 2014, thereby providing a regulatory framework for registration and regulation of InvITs in India. The regulations, inter alia, prescribe conditions for making a public offer and private placement and broad guidelines for making initial and continuous disclosures including… Read More
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