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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RBI Memorandum of Instructions governing money changing activities
RBI/2013-14/259 A.P. (DIR Series) Circular No. 45 September 16, 2013 To, All Authorised Persons in Foreign Exchange Madam/ Dear Sir, Memorandum of Instructions governing money changing activities Location of Forex Counters in International Airports in India Attention of Authorised Persons is invited to Para 2 (b) of the A.P.(DIR Series) Circular No.38 dated October 25, 2011.… Read More
RBI Review of FDI policy :: Definition for Control and Sector Specific Conditions
RBI/2013-14/255 A.P. (DIR Series) Circular No. 44 September 13, 2013 To All Category - I Authorised Dealer Banks Madam/ Sir, Foreign Direct Investment (FDI) in India Review of FDI policy definition for control and sector specific conditions Attention of Authorised Dealer Category I (AD Category-I) banks is invited to Annex B of Schedule 1 to the… Read More
RBI releases Handbook of Statistics on the Indian Economy 2012-13
The Reserve Bank of India today released the fifteenth volume of its annual statistical publication titled Handbook of Statistics on the Indian Economy (HBS) 2012-13. One of the major initiatives of the Reserve Bank, this publication is aimed at improving data dissemination to public. Through this publication, the Reserve Bank has been providing time series data… Read More
CCI orders investigation against M/s ACI for alleged violation of Competition Act
Competition Commission of India (CCI) has ordered investigation against M/s ACI India, M/s ACI Worldwide and M/s ACI Asia Pvt. Limited (Respondents) on the allegations of contravention of provisions of Competition Act. CCI had issued the order under Section 26(1) of the Competition Act, 2002 on the basis of information filed by M/s Financial Software… Read More
CLR Urgent :: Clarification on Commencement Notification of 12.09.2013
General Circular No.15/2013 F.No.01/12/2o13-CL-V Government of lndia Ministry of Corporate Affairs 5th Floor,'A'Wing, Shastri Bhawan, Dr.Rajendra Prasad Road, New Delhi-1 Dated 13.09.2013 To All Regional Directors, All Registrar of Companies. Subject: Clarification on the notification dated 12.9.2013 Sir, The companies Act 2013 received the assent of the president on 29th August, 2013 and was notified in the… Read More
Commencement Notification CA2013 :: Miscellaneous :: Section 470 :: Power to remove difficulties
Chapter XXIX Miscellaneous (447 - 470) Section 470- Power to remove difficulties (1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order published in the Official Gazette, make such provisions, not inconsistent with the provisions of this Act, as appear to it to be necessary… Read More
Commencement Notification CA2013 :: Miscellaneous :: Section 469 :: Power of Central Government to make rules
Chapter XXIX Miscellaneous (447 - 470) Section 469- Power of Central Government to make rules (1) The Central Government may, by notification, make rules for carrying out the purposes of this Act. (2) Without prejudice to the generality of the provisions of sub-section (1), the Central Government may make rules for all or any of… Read More
Commencement Notification CA2013 :: Miscellaneous :: Section 468 :: Power of Central Government to make rules relating to winding up
Chapter XXIX Miscellaneous (447 - 470) Section 468- Power of Central Government to make rules relating to winding up (1) The Central Government shall, make rules consistent with the Code of Civil Procedure, 1908 providing for all matters relating to the winding up of companies, which by this Act, are to be prescribed, and may… Read More
Commencement Notification CA2013 :: Miscellaneous :: Section 467 :: Power of Central Government to amend Schedules.
Chapter XXIX Miscellaneous (447 - 470) Section 467- Power of Central Government to amend Schedules (1) Subject to the provisions of this section, the Central Government may, by notification, alter any of the regulations, rules, Tables, forms and other provisions contained in any of the Schedules to this Act. (2) Any alteration notified under sub-section (1) shall have… Read More
Commencement Notification CA2013 :: Miscellaneous :: Section 463 :: Power of Court to grant relief in certain cases
Chapter XXIX Miscellaneous (447 - 470) Section 463- Power of Court to grant relief in certain cases (1) If any proceeding for negligence, default, breach of duty, misfeasance or breach of trust against an officer of a company, it appears to the court hearing the case that he is or may be liable in respect… Read More
Commencement Notification CA2013 :: Miscellaneous :: Section 462 :: Power to exempt a class or classes of companies from provisions of this Act.
Chapter XXIX Miscellaneous (447 - 470) Section 462- Power to exempt a class or classes of companies from provisions of this Act (1) The Central Government may in the public interest, by notification direct that any of the provisions of this Act,” (a) shall not apply to such class or classes of companies; or (b)… Read More
Commencement Notification CA2013 :: Miscellaneous :: Section 461 :: Annual report by Central Government
Chapter XXIX Miscellaneous (447 - 470) Section 461- Annual report by Central Government The Central Government shall cause a general annual report on the working and administration of this Act to be prepared and laid before each House of Parliament within one year of the close of the year to which the report relates. Read More
Commencement Notification CA2013 :: Miscellaneous :: Section 460 :: Condonation of delay in certain cases
Chapter XXIX Miscellaneous (447 - 470) Section 460- Condonation of delay in certain cases Notwithstanding anything contained in this Act,” (a) where any application required to be made to the Central Government under any provision of this Act in respect of any matter is not made within the time specified therein, that Government may, for… Read More
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