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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F.No.137/99/2011-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs *** New Delhi, dated the 30th August, 2013 Order No: 4/2013-Service Tax In exercise of the powers conferred by sub-rule(4) of rule 7 of the Service Tax Rules, 1994, the Central Board of Excise & Customs hereby extends the… Read More
Discussion Paper on "Revision of Clause 41 of Equity Listing Agreement" Background: 1. Clause-41 of Equity Listing Agreement provides the framework for preparation, authentication and submission of Financial Results by listed companies. 2. Though sub-clauses of Clause-41 have been regularly updated as and when the need arose, revision of entire Clause-41 is proposed to be undertaken… Read More
The SEBI (Investment Advisers) Regulations, 2013 (IA Regulations) were notified on January 21,2013 and have come into effect from April 21, 2013. The IA Regulations are available on the SEBI website www.sebi.gov.in The details of the investment advisers registered and the details of the pending applications for grant of registration along with the status of the… Read More
CIRCULAR CIR/MIRSD/6/2013 August 28, 2013 To All Credit Rating Agencies (CRAs) registered with SEBI Sub: Guidelines for dealing with Conflict of Interest for investment/ trading by CRAs, Access Persons and other employees 1. SEBI (Credit Rating Agencies) Regulations, 1999 (hereinafter referred to as "the Regulations") and SEBI circular dated May 3, 2010 require every CRA to formulate the… Read More
CIRCULAR CIR/MIRSD/5/2013 August 27, 2013 To Registered Intermediaries Recognised Stock Exchanges Recognised Clearing Corporations Depositories Sir/ Madam, Sub: General Guidelines for dealing with Conflicts of Interest of Intermediaries, Recognised Stock Exchanges, Recognised Clearing Corporations,… Read More
RESERVE BANK OF INDIA (Foreign Exchange Department) (Central Office) NOTIFICATION No. FEMA. 285/2013-RB Mumbai, 30th August, 2013 Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Twelfth Amendment) Regulations, 2013 G.S.R. 597(E).”In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999… Read More
There are 8 no. of Inter-State River Water Disputes tribunal set up under Inter State River Water Disputes (ISRWD) Act, 1956. Their present status are as follows: S. No Name of Tribunal States concerned Date of constitution Present Status 1. Godavari Water Disputes Tribunal Maharashtra, Andhra Pradesh, Karnataka, Madhya Pradesh & Orissa April, 1969 Award given on July, 1980 2 Krishna… Read More
In order to provide interest subsidy on loans raised by distribution companies to improve the distribution network, National Electricity Fund (NEF), an interest subsidy scheme has been set up. Under the Scheme, loan amounting to Rs.25,000 cr. sanctioned by lenders during the financial year 2012-13 & 2013-14 for capital projects in distribution sector duly approved… Read More
"It cannot be denied that the country is faced with a difficult economic situation. And there are several causes. I do not deny that there are some domestic factors but there are also international factors arising out of the changes in the US monetary stance. There are also problems created by the new tensions that… Read More
FM: Banks must ensure flow of Credit to Every Sector of Industry; Bankers told to be Sympathetic and have Humane Approach towards Genuine Defaulters The Union Finance Minister Shri P. Chidambaram said that banks must ensure flow of credit to every sector of industry. He said that bankers have been told to be sympathetic and have… Read More
RBI/2013-14/204 UBD.BPD.(PCB).Cir.No.6/14.01.062/2013-14 August 28, 2013 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Dear Madam / Sir, Implementation of Section 51-A of UAPA, 1967 - Updates of the UNSCR 1267 (1999) / 1989 (2011) Committe™s Al Qaida Sanction List - Primary (Urban) Co-operative Banks Please refer to our circular UBD.BPD.PCB).Cir.No.52/14.01.062/2012-13 dated May 31, 2013 on… Read More
RBI/2013-14/203 UBD.BPD.(PCB) CIR No. 5/13.01.000/2013-14 August 27, 2013 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Section 42(1) of the Reserve Bank of India Act, 1934 and Section 18 and 24 of the Banking Regulation Act, 1949 (AACS) FCNR (B)/NRE deposits - Exemption from maintenance of CRR/SLR and exclusion from ABC for… Read More
On the basis of assessment of current market conditions, Reserve Bank of India has decided to open a forex swap window to meet the entire daily dollar requirements of three public sector oil marketing companies (IOC, HPCL and BPCL). Under the swap facility, Reserve Bank will undertake sell/buy USD-INR forex swaps for fixed tenor with… Read More
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