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.
A:544, Tower B2, Spaze i-Tech Park Gurgaon, Haryana, India
Listed Companies mandatory to have Women Directors by 31.03.2015
The Securities and Exchange Board of India vide its circular dated 17th April, 2014 has made it mandatory for all the listed companies to appoint atleast one Woman Director on their Board of Directors by 31stMarch, 2015 in alignment with the requirement of Section 149 of the Companies Act, 2013, under corporate governance norms. With… Read More
Companies (Share Capital & Debentures) Amendment Rules, 2015
The Ministry of Corporate affairs has issued a Notification w.r.t Companies (Share Capital & Debentures) Amendment Rules, 2015 dated 18th March, 2015 which says that In exercise of the powers conferred under sub-clause (ii) of clause (a) of section 43, sub-clause (d) of sub-section (1) of section 54, subsection (2) of section 55, sub-section (1)… Read More
Companies (Management & Administration) Amendment Rules, 2015
The Ministry of Corporate Affairs has issued a Notification dated 19th March, 2015 w.r.t Companies (Management & Administration) Amendment Rules, 2015, which says that in exercise of the powers conferred by section 108 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes… Read More
Companies (Meetings of Board & its Powers) Amendment Rules, 2015
The Ministry of Corporate Affairs has issued a General Notification with respect to the Companies (Meetings of Board & its powers) Amendment Rules, 2015 dated 18th March, 2015, and which says that in exercise of the powers conferred under sections 173, 175, 177, 178, 179, 184, 185, 186, 187, 188, 189 and section 191 read… Read More
SEBI all set to expand the probe on the Insider Trading Practitioners
As a probe continues into alleged leak and sale of secret government documents, regulator Sebi is looking into suspected use of such information for 'insider trading' in stocks through a nexus between CAs, brokers and market operators. Sebi first began looking into the matter last month after a Delhi Police crackdown on a suspected 'corporate… Read More
Non-Resident Deposits – Stat 5 and Stat 8 Returns Discontinuation
RBI/2014-15/504 A.P (DIR Series) Circular No.85 March 18, 2015 To, All Banks Authorised to deal in Foreign Exchange Madam/Sir Non-Resident Deposits - Stat 5 and Stat 8 Returns Discontinuation Attention of banks maintaining Non-Resident Deposits (NRD) Accounts is invited to A.P. (DIR Series) Circular No. 4 dated July 12, 2012 and A.P. (DIR Series) Circular No. 19 dated… Read More
3rd National Conference on ” Value Creation through Mergers & Acquisitions” on 25th March, 2015 at New Delhi
3rd National Conference on Value Creation through Mergers & Acquisitions Challenges and Opportunities Based on the Actual Case Study Wednesday, 25th March, 2015 Hotel Shangri-La, New Delhi The Indian economic reforms have opened up a whole lot of challenges both in the domestic and international spheres. The increased competition in the global market has prompted the… Read More
Direct Tax amendments from F.Y. 2015-16
Budget 2015 Highlight on on direct taxation 1.Surcharge increase by 2% in all cases except in case of foreign company which is continue to be at the rate of 2% if taxable income exceeds Rs. 1 crore & 5% if taxable income exceeds Rs. 10 crore. Now effective rate of surcharge w.e.f AY 2016-17… Read More
RBI Seeks Comments on Draft Circular for Card Payments Removal of requirement of Additional Factor of Authentication for small value card present transactions
The Reserve Bank of India has today placed on its website the Draft Circular for Card Payments - Removal of requirement of Additional Factor of Authentication for small value card present transactions, for feedback. Comments may be emailed or sent by post to the Chief General Manager, Department of Payment and Settlement Systems, Reserve Bank… Read More
Compliance function in banks
RBI/2014-15/489A DBS.CO.PPD.10946/11.01.005/2014-15 March 04, 2015 To, The Chairman / CEO All Scheduled Commercial Banks (excluding RRBs) Dear Sir / Madam, Compliance function in banks Please refer to our circular DBS.CO.PP.BC.6/11.01.005/2006-07 dated April 20, 2007 on compliance function in banks. It has been observed that certain supervisory concerns continue to recur, necessitating the need for tighter compliance regimes… Read More
SAT quashed SEBI’s adjudicating order against Real Estate giant DLF
The Securities Appellate Tribunal (SAT) on Friday quashed a Securities and Exchange Board of India (Sebi) order against realty firm DLF, lifting a capital markets ban on the company™s promoters and related entities. The case relates to alleged non-disclosure of information by the company during its initial public offering (IPO) in 2007, which had garnered… Read More
Refund of overpayment of pension to the Government Account Recovery of excess/ wrong pension payments made to the pensioners
RBI/2014-2015/500 Ref.DGBA.GAD.No.H4054/45.03.001/2014-15 March 13, 2015 The Chairman / Chief Executive Officer All Agency Banks Dear Sir Refund of overpayment of pension to the Government Account Recovery of excess/ wrong pension payments made to the pensioners Please refer to our circular DGBA.GAD.No.H-10450/45.03.001/2008-09 dated June 1, 2009 on the above subject advising that whenever any excess payment… Read More
Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by Banks
RBI/2014-15/497 DBR.No.BP.BC.76/21.04.158/2014-15 March 11, 2015 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by Banks Please refer to our circular DBOD.No.BP.40/21.04.158/2014-15 dated November 3, 2006 forwarding the final guidelines on managing risks as applicable in outsourcing of financial services. 2. In view… Read More
Subscribe to the Daily Journal
Corporate Law Referencer
India’s Leading Compliance Software
