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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Pharmaceutical Companies Given 30 Days Extension for Ceiling Price Relabelling
The Department of Pharmaceutical has extended the period of exemption in respect of ceiling price notification dated 14.06.2013 issued by the National Pharmaceutical Pricing Authority for a period of 30 days from 29.07.2013. Similarly, in respect of ceiling price notifications dated 21.06.2013, 28.06.2013 and 05.07.2013 issued by the NPPA, the period of validity of exemption… Read More
Companies Bill passed by Rajya Sabha today i.e. on 8th Aug, 2013
Dear Professional Colleague, To mark the historic moment in the life of India and in the lives of Corporates and the Professionals, especially the Company Secretaries, the Companies Bill has been passed by Rajya Sabha today few minutes back. Many Congratulations to all of you and we hope that this Bill ushers new era of… Read More
StCBs/CCBs – Credit Information Companies (Regulation) Act, 2005 Compliance
RBI/2013-14/174 RPCD.CO.RCB.BC.No.19/07.51.010/2013-14 August 07, 2013 The Chairman All State and Central Co-operative Banks (StCBs and CCBs) Dear Sir, Credit Information Companies (Regulation) Act, 2005 Compliance Please refer to our Circular RPCD.CO.RF.BC.No.44-07.40.06-2009-10 dated December 01, 2009 advising StCBs and CCBs that in terms of Section 15(1) of Credit Information Companies (Regulation) Act, 2005, every credit institution has to… Read More
Non-Resident Deposits – Comprehensive Single Return (NRD-CSR): Submission under XBRL
RBI/2013-14/173 A.P. (DIR Series) Circular No. 19 August 7, 2013 To, All Banks Authorised to deal in Foreign Exchange Madam / Sir, Non-Resident Deposits - Comprehensive Single Return (NRD-CSR): Submission under XBRL Attention of banks maintaining Non-Resident Deposits (NRD) Accounts is invited to A.P. (DIR Series) Circular No.55 dated May 9, 2007 on NRD-CSR software package… Read More
GoM on Workers’ Demands
Government has set up a Group of four Ministers led by Shri A.K. Antony to discuss the workers` demands with the United front of trade unions. Two meetings of the Group of Ministers (GoM) were held on 18.02.2013 and 22.05.2013 in which the ten point Charter of Demand of the trade unions were discussed. The… Read More
CLR Snippets | Examination of Hike in FDI in Defence Sector
The proposal was to allow FDI to go up to 49%, inclusive of portfolio flows, in defence production. FDI up to 26% is permissible in the defence sector, subject to licensing. However, wherever FDI beyond 26% is likely to result in access to modern and state-of-the-art technology into the country, decisions can be taken to allow… Read More
Food Security Replacement Bill Introduced in Lok Sabha
Union Consumer Affairs, Food and Public Distribution Minister, Shri K.V.Thomas today introduced National Food Security Bill in Loksabha today to replace the National Food Security Ordinance, 2013 which was promulgated on 5th July, 2013. The National Food Security Bill is a historic initiative for ensuring food and nutritional security to the people. It gives right to the people to receive… Read More
TRAI Initiates Consultation on Restricting the Role of Authorized Distribution Agencies (Aggregators) in TV Channel Distribution
The Telecom Regulatory Authority of India (TRAI) has released a consultation paper on Distribution of TV Channels from Broadcasters to Platform Operators. The broadcasting and cable TV services sector is a content driven market. Unless a distribution platform carries all the channels popular in a relevant market, it cannot be a viable distribution platform. In… Read More
Policy Measures for Improving Manufacturing Sector
The Government is continuously taking measures to improve the performance of the manufacturing sector of the country. Some such measures taken include announcement of National Manufacturing Policy (NMP), 2011, simplification and rationalization of the Foreign Direct Investment (FDI) Policy, implementation of Delhi Mumbai Industrial Corridor (DMIC) project, launching of the e-biz Mission Mode Project under… Read More
High Level Meeting to Revive Manufacturing Sector
A meeting of the High Level Committee on Manufacturing (HLCM) was convened on 9th July, 2013 to discuss the strategy for boosting competitiveness and output in two sectors- textiles and steel- and for formulating a long term approach in three strategic industries-civilian aircraft manufacture, electric and hybrid vehicles and advanced materials and composites. Deliberations took… Read More
Impact of FT Zone Agreements
India has signed 10 Free Trade Agreements and 5 limited Preferential Trade Agreement (PTAs). India is negotiating 18 FTAs, including expansion / review of some of the existing FTAs. Evaluation of the impact of FTAs is a continuous process which starts even before FTA negotiations are entered into. Before entering into negotiations with its trading… Read More
Impact of FDI in Defence Sector on National Security
FDI up to 26% is permissible in the defence sector, subject to licensing. However, wherever FDI beyond 26% is likely to result in access to modern and state-of-the-art technology into the country, decisions can be taken to allow higher FDI on a case-to-case basis with approval of the Cabinet Committee on Security. All such concerns… Read More
Dr Raghuram Rajan, CEA :: The Government and RBI are Working together to address the Challenges
The Government and RBI are Working together to address the Challenges being Faced by the Indian Economy; No Magic Wand to make the Problems Disappear Instantaneously but has Absolutely no doubt that we Will Deal with them: Dr Raghuram Rajan, CEA Dr Raghuram Rajan, Chief Economic Adviser, Ministry of Finance said that it is a great… Read More
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