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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

Long Term (Subordinated) Deposits (LTDs) – Review of guidelines

RBI/2016-17/7 DCBR.BPD.Cir No. 21/09.18.201/2016-17 Ashadha 16, 1938 July 7, 2016 All Primary (Urban) Co-operative Banks (UCBs), State / District Central Co-operative Banks (StCBs / DCCBs) Dear Sir / Madam Long Term (Subordinated) Deposits (LTDs) – Review of guidelines Please refer to our circulars UBD.PCB.Cir.No.4/09.18.201/08-09 dated July 15, 2008 and RPCD.RCB.BC.73/07.51.012/2013-14 dated January 7, 2014 prescribing… Read More

Master Circular on SHG-Bank Linkage Programme

RBI/2016-17/3 FIDD.FID.BC.No.06/12.01.033/2016-17 July 01, 2016 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Dear Sir Master Circular on SHG-Bank Linkage Programme The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable the banks to have instructions at… Read More

Applicability of Income Computation and Disclosure Standards (ICDS) notified under section 145 (2) of the Income – tax Act, 1961

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 6th July, 2016 Subject: Applicability of Income Computation and Disclosure Standards (ICDS) notified under section 145 (2) of the Income - tax Act, 1961. Vide Notification No. SO 892 (E) dated 31st March, 2015, Central Government notified… Read More

Details of allocation of NCLT benches

In consultation with the President, National Company Law Tribunal, the following judicial and Technical Members of National Company Law Tribunal are posted at the Benches as under. Click here to download details of allocation of NCLT benches Read More

Income-tax (19th Amendment) Rules, 2016​

[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 [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 28th June, 2016 INCOME-TAX S.O. 2226 (E). – In exercise of the powers conferred by section 9 and section 285A, read with… Read More

Income-tax (18th Amendment) Rules, 2016

[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 [CENTRAL BOARD OF DIRECT TAXES] Income-tax New Delhi, the 27th June, 2016 NOTIFICATION S.O.2213(E).─ In exercise of the powers conferred by clause(ha) of sub-section (2) of section 295 of the Income-tax… Read More

Master Direction – on Risk Management and Inter-Bank Dealings

RBI/FMRD/2016-17/31 FMRD Master Direction No. 1/2016-17 July 5, 2016 To, All Authorised Dealers - Category I Banks Madam / Sir, Master Direction - on Risk Management and Inter-Bank Dealings In exercise of the powers conferred by clause (h) of sub-section (2) of section 47 of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999),… Read More

Revised Formats for Financial Results and Implementation of Ind-AS by Listed Entities

CIRCULAR CIR/CFD/FAC/62/2016 July 05, 2016 To All Listed Entities All Recognized Stock Exchanges Dear Sir / Madam, Sub: Revised Formats for Financial Results and Implementation of Ind-AS by Listed Entities 1. SEBI vide Circular No. CIR/CFD/CMD/15/2015 dated November 30, 2015, has prescribed formats for publishing financial results. 2. SEBI, in consultation with the market participants… Read More

​Income-tax ( 17th Amendment) Rules, 2016​

[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) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 24th June, 2016 INCOME-TAX S.O. 2196 (E).— In exercise of the powers conferred by clause (ii) of sub-section (7) of section 206AA, read… Read More

Clarification regarding grandfathering of ODI issuers and modification of replies of FAQ 70 and FAQ 71 of SEBI FAQs to SEBI (FPI) Regulations, 2014

CIR/IMD/FPI&C/61/2016 June 29, 2016 To, All Foreign Portfolio Investors Through their Custodians of Securities/DDPs Dear Sir/Madam, Sub: Clarification regarding grandfathering of ODI issuers and modification of replies of FAQ 70 and FAQ 71 of SEBI FAQs to SEBI (FPI) Regulations, 2014. In terms of the SEBI (Foreign Portfolio Investors) Regulation, 2014 (FPI Regulations)and circulars issued… Read More

Refund Form is likely to be available on MCA21 w.e.f 6th July 2016

Refund Form is likely to be available on MCA21 Company Forms Download page w.e.f 6th July 2016. Stakeholders are requested to check the FAQs before filing the same. Read More

MCA releases new versions of Forms CHG-1, CHG-4, DPT-3 and MR-2

Forms CHG-1, CHG-4, DPT-3 and MR-2 were recently revised on MCA21 Company Forms Download page. Stakeholders are advised to check the latest version before filing Read More

Master Directions on Relief/Savings Bonds

RBI/IDMD/2016-17/30 IDMD.CDD No.2989/13.01.299/2016-17 July 1, 2016 The Chairman / Managing Director Head Office (Government Accounts Department) State Bank of India and Associates All Nationalized banks (Excluding Punjab and Sind Bank & Andhra Bank) Axis Bank Ltd./ICICI Bank Ltd./HDFC Bank Ltd./ Stock Holding Corporation of India Ltd. (SHCIL) Dear Sir/Madam, Master Directions on Relief/Savings Bonds The… Read More

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