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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Risk Based Supervision – Follow up of Risk Management Systems in Banks
RBI/2015-16/352 DBS.CO.PPD.10887/11.01.005/2015-16 March 31, 2016 The Chairman/ The Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) Madam/Dear Sir, Risk Based Supervision – Follow up of Risk Management Systems in Banks We invite your kind attention to the provisions contained in our Circular No. DBS.CO.PPD.BC/14//11.01.005/2003-04 dated June 26, 2004, in terms of which, banks are… Read More
Foreign Direct Investment (FDI) in India – Review of FDI policy –Insurance sector
RBI/2015-16/350 A.P. (DIR Series) Circular No.58 March 31, 2016 To All Authorised Dealer Category – I Banks Madam/Sir, Foreign Direct Investment (FDI) in India – Review of FDI policy –Insurance sector Attention of Authorised Dealer Category - I (AD Category-I) banks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a… Read More
Finances of Non-Government Non-Financial Public Limited Companies, 2014-15 – Data Release
The Reserve Bank of India today released on its website data related to Finances of Non-Government Non-Financial (NGNF) Public Limited Companies, 2014-15. The data have been compiled based on audited annual accounts of select 16,923 NGNF public limited companies accounting for 29.5 per cent of population paid-up capital. Of these, data pertaining to 16,587 companies… Read More
Finances of Non-Government Non-Financial Private Limited Companies: 2014-15 – Data Release
The Reserve Bank of India today released on its website the data related to Finances of Non-Government Non-Financial (NGNF) Private Limited Companies for 2014-15. The data have been compiled based on audited annual accounts of 2,37,398 NGNF private limited companies received from Ministry of Corporate Affairs (MCA), accounting for 23.3 per cent of population paid-up… Read More
Contact MCA helpdesk in case of any inconvenience
The new MCA21 portal went live on 27th March 2016 for Company services. This change is in the larger interest of stakeholders. However, due to this change, few stakeholders may experience some inconvenience intermittently for next few days. It is advised to contact Helpdesk at 0124-4832500, or raise a service complaint here for prompt resolution. We… Read More
Forms AOC4, INC1, INC2, INC7, CHG1, CHG4, CHG8, CHG9, DIR12, CRA2, MGT7, MGT14 have been updated on MCA21
Forms AOC4, INC1, INC2, INC7, CHG1, CHG4, CHG8, CHG9, DIR12, CRA2, MGT7, MGT14 have been updated on MCA21 Company Forms page. All Stakeholders are requested to check the latest version before filing. Read More
Companies (Auditor’s Report) Order, 2016 (CARO) dated 29th March, 2016
Vide S.O. 1228E dated 29th March, 2016, CARO 2016, the Ministry of Corporate Affairs has released Companies (Auditor's Report) Order, 2016 in supersession to Companies (Auditor's Report) Order, 2015. Please access the below complete order: MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 29th March, 2016 S.O. 1228(E).—In exercise of the powers conferred by sub-section (11) of… Read More
Companies (Accounting Standards) Amendment Rules, 2016
In exercise of the powers conferred by clause (a) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956) read with section 210A and sub-section (3C) of section 211 and of the said Act, the Central Government, in consultation with National Advisory Committee on Accounting Standards, hereby makes the following rules… Read More
Companies (Indian Accounting Standards) Amendment Rules, 2016
In Exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 0f 2013) and sub-section(1) of section 210A of the Companies Act, 1956(1 off 1956), the Central Government, in consultation with National Advisory Committee on Accounting Standards, hereby makes the following rules to amend the Companies (Indian… Read More
Companies (Removal of Difficulties) First Order, 2016
[To be published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii)] Government of India Ministry of Corporate Affairs ORDER New Delhi, the 29th March,2016. S.O. _ (E). - Whereas the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the president on 29th August, 2013 and… Read More
Companies (Removal of Difficulties) 2nd Order, 2016
[To be published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii)] Government of India Ministry of Corporate Affairs ORDER New Delhi, the 29th March,2016. S.O.__(E).- Whereas, the Companies Act, 2013 (18 of 2013) hereinafter referred to as the said Act) received the assent of the President on 29th August, 2013 and section 1 thereof… Read More
Companies (Share Capital and Debentures) 2nd Amendment Rules, 2016
[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, 29th March 2016 G.S.R........(E).- In Exercise of the powers conferred by sub-sections (1) and (2) of Section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes… Read More
Income-tax (8th 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 23rd March, 2016 INCOME-TAX S.O. 1206 (E).- In Exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961),… Read More
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