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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

Usage of ATMs Rationalisation of number of free transactions – Clarifications

RBI/2014-15/260 DPSS.CO.PD.No.659/02.10.002/2014-2015 October 10, 2014 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks Madam / Dear Sir, Usage of ATMs Rationalisation of number of free transactions - Clarifications A reference is invited to the circular DPSS.CO.PD.No.… Read More

SEBI (Stock Brokers & Sub-Brokers) Amendment Regulations, 2014

The Securities and Exchange Board of India has issued SEBI (Stock Brokers & Sub-Brokers) Amendment Regulations, 2014 dated 8th October, 2014 and has made the following amendments: 1. In regulation 3, Sub-regulation(1): No person shall act as stock broker unless he gets himself registered with SEBI. Further if the clearing member is already registered with the… Read More

Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses

1.Attention of Authorised Dealer Category I (AD Category I) banks is invited to the A.P. (DIR Series) Circular No. 28 [A. P. (FL/RL Series) Circular No. 02] dated February 6, 2008and the Annex to the A.P. (DIR Series) Circular No 88 dated January 9, 2014 on the captioned subject, as amended from time to time. 2. It has… Read More

Seminar on FEMA & FDI Policy: Emerging Issues and Recent Developments at Bengaluru by VC Circle

India is one of the largest FDI destinations in the world. With the relaxation of foreign exchange restrictions, there has been a significant flow of investments into India. At the same time, Indian businesses have been making investments and acquisitions overseas. With the inbound and outbound investments rising, it is essential to understand the rules,… Read More

SEBI most likely to come out next month with new ‘Listing & Delisting Guidelines’

The Securities and Exchange Board of India is working out on the new norms for the listing & delisting guidelines which are more likely to be rolled out the next month as per the certain observations made by the body on trading activity taking place in the market. The body also expresses that in some… Read More

RBI focuses on inflation while banks take call to increase interest rates

RBI governor Raghuram Rajan has been a convincing personality as no governor in recent past has been as focused on reining in inflationary expectations as Rajan. No one has been more explicit than him in spelling out the goal of the apex banking institution. Some of the experts, economists have taken an unusual  stand that… Read More

Risk Management and Inter Bank Dealings: Hedging under Past Performance Route

RBI/2014-15/250 A.P. (DIR Series) Circular No. 34 Sep 30, 2014 To All Category I Authorised Dealer Banks Madam / Sir, Risk Management and Inter Bank Dealings : Hedging under Past Performance Route Attention of Authorised Dealers Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May… Read More

Seminar on Negotiation, Structuring and Documentation of PE/VC and M&A Deals

Successful deal making strategies would not be complete without supreme command of the negotiation process and sound understanding of the structural elements of the deal. The combination of Negotiation, Structuring & Documentation impact the outcome of the deal. VCCircle upcoming workshop on Structuring & Negotiation of PE and M&A Deals will upgrade & enhance your… Read More

India’s overall M&A activity at a sudden rise

An overall sudden increased value of announced mergers & acquisitions (M&A) deals involving Indian companies reached $26.1 billion during the first nine months of 2014, a 16.5% increase over the same period in the previous year. This is the highest during a nine month period for overall Indian announced M&As since 2011. The average M&A… Read More

Version of certain MCA e-forms changed w.e.f 1st October, 2014

The Ministry of corporate affairs has issued a general notice informing all the stakeholders that version of certain e- forms have changed w.e.f 1st October, 2014. The forms are as follows: 1. DIR 6 2. ADT 3 3. MGT 10 4. 17 LLP 5. DPT 4 6. DIR 12 All the stakeholders are requested to… Read More

Mandatory e-filing of service tax return w.e.f 1st October, 2014

The Central Board of Excise and Customs have made the filing of service tax return filing mandatorily in electronic mode for all the assesses w.e.f 1st October, 2014. Therefore all the assesses are required to file the returns diligently making use of internet banking. Provided that the department has given powers to the Assistant commissioner… Read More

Extension of due date of TDS/TCS for September2014

The Central Board of Direct Taxes has issued an order dates 1st October, 2014 to extend the last date of deposit of tax deposited at source / tax collected at source during the month of September from 7th October 2014 to 10th October 2014 without levying any interest. However, the due date for filing of… Read More

Loans not to get cheaper but deposits may fetch less returns

Borrowing costs may not fall but deposit rates have already come down with which the public may earn less returns. There is no change immediately in the loan rates but soon it will be reduced which has given some hopes to the borrowers. The base rate will not come down immediately because credit demand in… Read More

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