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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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Articles by eMinds Legal

Income–tax (14th 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 02nd June, 2016 S.O. 1949(E)- In exercise of the powers conferred by section 295 read with subsection (2) of section 14A of… Read More

Full Day Seminar on Withholding Tax, Mumbai, 10th June

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Cyber Security Framework in Banks

RBI/2015-16/418 DBS.CO/CSITE/BC.11/33.01.001/2015-16 Jyeshtha 12, 1938 (saka) June 2, 2016 To The Chairman/ Managing Director /Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Cyber Security Framework in Banks Introduction Use of Information Technology by banks and their constituents has grown rapidly and is now an integral part of the… Read More

Refinancing of Project Loans

RBI/2015-16/417 DNBR.CC.PD.No.082/03.10.001/2015-16 June 02, 2016 To All Non-Banking Financial Companies Dear Sirs, Refinancing of Project Loans Please refer to circular DNBS.(PD).CC.No.371/03.05.02/2013-14 dated March 21, 2014, issued by Department of Non-Banking Supervision on Early Recognition of Financial Distress, Prompt Steps for Resolution and Fair Recovery for Lenders: Framework for Revitalising Distressed Assets in the Economy. 2.… Read More

Petition filed in Delhi High Court for MCA filing issues

While arguments, the Honourable Judge said that professionals & stakeholders are not guinea pigs upon whom things should be tried and tested. The system should have been tested before bringing to public domain. Further, he asked learned ROC Delhi & RD (NR) who were personally summoned, that have you ever yourself tried to register a… Read More

Aadhard Card of Directors will become mandatory soon

It may be noted that government is planning to switch over to“Aadhar” based KYC and identification for directors and hence enabling provision is proposed to recognize any other number equivalent to DIN. Meanwhile the professionals can start inclusion of Aadhar numbers of directors in the forms and returns, so as to build a database. Read More

Consultative Paper on Warehousing Norms for Agricultural &Agri-Processed Commodities Traded on National Commodity Derivatives Exchanges

1. Warehousing infrastructure and its ancillary services play a critical role in the delivery mechanism of the Commodity Derivatives Market. A robust &credible warehousing infrastructure is sine qua non for an effective Commodity Derivatives Market that can inspire confidence amongst the market participants and other stake holders. At the time of the merger of FMC… Read More

Consultation paper for amendments to the SEBI (Infrastructure Investment Trusts) Regulations, 2014

A. Background: 1) SEBI (Infrastructure Investment Trusts) Regulations, 2014 (InvIT regulations) were notified on 26th September, 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, initial and continuous disclosures, investment conditions, unit-holder approval requirements, related party… Read More

ICAI President’s Message – June 2016

Dear Professional Colleagues, All of us have our share of hopes and expectations-present and future. While certain part of those may appear logical and is likely to come true, the remaining we ourselves somewhere know are actually present just for the sake of being present, with an unstated and silent acknowledgement that they will remain… Read More

MCA notifies sections/sub-sections covered under the ambit of Tribunal

The Ministry of Corporate Affairs has issued notification dated 1st June, 2016 notifying sections/sub-sections covered under the ambit of NCLT. Please click on below link to download the complete notification: Notification relating to Sections covering the scope of NCLT & NCLAT Read More

National Company Law Appellate Tribunal constituted w.e.f 01.06.2016

NOTIFICATION New Delhi, the 1st June, 2016 S.O. 1933(E).—In exercise of the powers conferred by section 410 of the Companies Act, 2013 (18 of 2013), the Central Government hereby constitutes the National Company Law Appellate Tribunal for hearing appeals against the orders of the National Company Law Tribunal with effect from the 1st day of June, 2016. [F.… Read More

National Company Law Tribunal constituted w.e.f. 01.06.2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st June, 2016 S.O. 1932(E).—In exercise of the powers conferred by section 408 of the Companies Act, 2013 (18 of 2013), the Central Government hereby constitutes the National Company Law Tribunal to exercise and discharge the powers and functions as are, or may be, conferred on it… Read More

National Company Law Tribunal (NCLT) Notified – CLB dissolved

The Ministry of Corporate Affairs has issued notification for constitution of the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) with effect from today i.e. 1st June, 2016. Hon’ble Justice S.J. Mukhopadhaya, Judge (Retd.), Supreme Court of India has joined as the Chairperson of the NCLAT and Hon’ble Justice M.M.Kumar, Judge… Read More

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