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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Latest Book on Companies Act, 2013 – It’s Different !
Are you tired of collating over 100 notifications, circulars and orders under Companies Act, 2013; linking the same with the relevant sections and simultaneously ensuring that you don't miss the relevant rules applicable to the respective sections? Finally, there is good news for the Purists i.e. professionals who love to read Law, only Law and nothing… Read More
RBI denies Message on Currency Notes circulating on Social Media
The Reserve Bank of India has today denied having issued a communication circulating on social media alerting members of public that banks will not accept currency notes with scribbling on them from January 1, 2016. The Reserve Bank has reiterated that all currency notes issued by it are legal tender and banks and members can… Read More
Amendment of Central Excise Rules, 2002
Note.- The principal rules were published in the Gazette of India vide notification number 04/2002- Central Excise (N.T.), dated the 1st March, 2002 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 143(E) , dated the 1st March, 2002 and last amended by notification number 08/2015-Central Excise(NT), dated… Read More
India’s Foreign Trade (Merchandise): November, 2015
A. EXPORTS (including re-exports) Exports during November, 2015 were valued at US$ 20014.22 million (Rs. 132328.24 crore) which was 24.43 per cent lower in Dollar terms (19.03 per cent lower in Rupee terms) than the level of US$ 26485.71 million (Rs. 163427.94 crore) during November, 2014. Cumulative value of exports for the period April-November 2015-16 was… Read More
Facility for Basic Services Demat Account (BSDA)
CIRCULAR CIR/MRD/DP/ 20 /2015 December 11, 2015 To, The Depositories Dear Sir/ Madam, Subject: Facility for Basic Services Demat Account (BSDA) 1. SEBI vide circular no. CIR/MRD/DP/22/2012 dated August 27, 2012 had introduced the facility of “Basic Services Demat Account” (BSDA) with limited services for eligible individuals with the objective of achieving wider financial inclusion… Read More
Govt investigating over 2,000 people flagged by MCA
The income tax department has started investigating the 2,627 people who are directors on board of more than 20 companies, and were flagged by the ministry of corporate affairs as violators of the Companies Act 2013. The corporate affairs ministry had shared the details regarding these individuals with the special investigation team (SIT) on black… Read More
Testing of software used in or related to Trading and Risk Management
CIRCULAR CIR/CDMRD/DEICE/03/2015 December 11, 2015 To, The Managing Directors / Chief Executive Officers All National Commodity Derivatives Exchanges Sir/Madam, Subject: Testing of software used in or related to Trading and Risk Management 1. Pursuant to Section 131 of the Finance Act, 2015 and Central Government notification F.No. 1/9/SM/2015 dated August 28, 2015, all recognized associations… Read More
New facility of pre-filling TDS data while submitting online rectification
The Central Board of Direct Taxes (CBDT) has simplified the process of online rectification of incorrect TDS details filed in the Income Tax Return. Taxpayers were required to fill-in complete details of the entire TDS schedule while applying for rectification on the e-filing portal of the Income-tax Department (www.incometaxindiaefiling.gov.in). Errors due to incomplete TDS details… Read More
Seeks to further amend notification No 39/96-Customs dated 23.07.1996
Note.- The principal notification No.39/96-Customs dated the 23rd July, 1996 was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i) vide number G.S.R. 291 (E), dated the 23rd July,1996 and last amended vide notification No. 42/2015-Customs dated the 30th July, 2015, published in Gazette of India, Extraordinary part II, Section 3, Sub-section… Read More
Amendment in Principal Notification No. 12/97-Customs(N.T.) dated 02.04.1997
Note.- The Principal notification No. 12/97-CUSTOMS (N.T.), dated the 2nd April, 1997 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R193. (E), dated the 2nd April, 1997 and last amended vide notification No. 103 /2015-CUSTOMS (N.T.), dated the 03rd November, 2015 vide number G.S.R. 833( E),… Read More
Cabinet approves Real Estate (Regulation and Development) Bill, 2015
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Real Estate (Regulation and Development) Bill, 2015, as reported by the Select Committee of Rajya Sabha. The Bill will now be taken up for consideration and passing by the Parliament. The Real Estate (Regulation and Development) Bill is a pioneering initiative… Read More
Guidelines on trading of Currency Futures and Exchange Traded Currency Options in Recognized Stock Exchanges
Notification RBI/2015-16/267 A.P. (DIR Series) Circular No. 35 December 10, 2015 To All Authorised Dealer Category - I Banks Madam / Sir, Guidelines on trading of Currency Futures and Exchange Traded Currency Options in Recognized Stock Exchanges – Introduction of Cross-Currency Futures and Exchange Traded Option Contracts Attention of Authorized Dealers Category – I (AD… Read More
Section 24 and Section 56 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR)
RBI/2015-16/262 DBR.No.Ret.BC.64/12.01.001/2015-16 December 10, 2015 All Commercial Banks, Primary (Urban) Co-operative Banks (UCBs), State and Central Co-operative Banks (StCBs/CCBs) Dear Sir, Section 24 and Section 56 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to circulars DBR.Ret.BC.70/12.02.001/2014-15 and DCBR.BPD.(PCB/RCB).Cir.No.14/16.26.000/2014-15 dated February 03, 2015, on maintenance of Statutory Liquidity… Read More
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