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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Compulsory registration with trade associations before exhibition of product is anti-competitive in terms of the provisions of Section 3 of the Competition Act
CLR Editorial Notes: In the present case, the informant (M/s. Shri Ashtavinayak Cine Vision Limited) has alleged that local association of distributors and exhibitors by making it compulsory for every film distributor to become their member and/ or register its film with the associations before the exhibition of such films, are strengthening their dominant position… Read More
CBEC notice on Setting up of Public/Private Bonded Warehouses for Gems & Jewellery Sector
Circular No. 11/2013-Customs F. No. DGEP/G&J/07/2013 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Directorate General of Export Promotion New Delhi, the March 6, 2013 To All Chief Commissioners of Customs/Central Excise, All Commissioners of Customs/ Central Excise. Madam/ Sir, Subject: Setting up of Public/Private Bonded Warehouses for… Read More
CBDT issues Corrigendum regarding Electoral Trusts Scheme 2013
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 18/2013 (Income-Tax) CORRIGENDUM New Delhi, the 26th February, 2013 S.O. 464(E)- the notification of Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), number 9/2013 dated 31-1-2013 bearing S.O. 309(E) and published in the Gazette of India,… Read More
Regulation Notices to Power distribution Companies
NTPC has served Regulation Notices to few power distribution companies for regulation of power supply due to non-payment of dues/ non availability of required Letter of Credit (LC) as per provisions in Power Purchase Agreement. The power supply was not suspended to there Companies. At times, a few power distribution companies like Meghalaya Energy Corporation… Read More
MoF Statement date extension of Form ST-3 Filing
CBEC Extends Date of Submission of the Form ST-3 for the Period from 1st July 2012 to 30th September 2012, from 25th March, 2013 to 15th April, 2013 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 (CBEC) hereby extends… Read More
Registrar of Companies- Cum- Official Liquidator Office to be Established at Bilaspur
A decision has been taken to establish an office of Registrar of Companies- cum- Official Liquidator, Chhattisgarh, at Bilaspur. Giving this information in written reply to a question in the Lok Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that his Ministry has already taken steps to establish this office at Bilaspur, for… Read More
National Internet Registry launched under NIXI for Coordinate Internet Resource Management
Shri Kapil Sibal, Union Minister for Communications and Information Technology launched the portal of National Internet Registry (NIR) here today. Speaking on the occasion Shri Sibal pointed out that unless this platform is inclusive, we will not be able to empower the people. He underlined that the internet is an exceptionally powerful tool and nothing… Read More
Civil Aviation Authority with more Powers to Replace DGCA
The Minister of State for Civil Aviation, Shri K. C. Venugopal today informed Rajya Sabha that Government has decided to replace the present Director General of Civil Aviation (DGCA) with more powerful Civil Aviation Authority (CAA). The proposed Civil Aviation Authority (CAA) will have adequate financial and administrative flexibility to meet functional requirements for an… Read More
Ministry statement on Price of Cancer Drugs under New Pharmaceutical Pricing Policy, 2012
As per IMS Health data available with National Pharmaceutical Pricing Authority (NPPA), the details of Nexavar which is an anti-cancer drug are not reported. In respect of drugs not covered under the Drugs (Prices Control) Order, 1995 (DPCO, 1995) i.e. non-scheduled drugs, manufacturers fix the launch prices by themselves without seeking the approval of Government/NPPA.… Read More
Salient features of the amended provisions of the Drugs & Cosmetics Act, 1940
Prices of Life Saving Drugs The Department of Pharmaceuticals has notified the National Pharmaceutical Pricing Policy- 2012 under which the prices of National List of Essential Medicines-2011 are to be controlled & regulated. The objective is to put in place a regulatory framework for pricing of drugs so as to ensure availability of required medicines… Read More
GoI Clarifications on Retail Price and Manufacturing Cost of Medicines
Retail Price and Manufacturing Cost of Medicines Under the provisions of the Drugs (Prices & Control) Order, 1995 (DPCO, 1995) the prices of 74 bulk drugs listed in its First Schedule and the formulations containing any of these scheduled drugs are controlled. National Pharmaceutical Pricing Authority (NPPA) fixes or revises prices of scheduled drugs /… Read More
Clarification on Performance Audit Of Agricultural Debt Waiver And Debt Relief Scheme, 2008 and Subsequent Monthly Reporting needs of RBI
RBI/2012-13/432 UBD.BPD (PCB) Cir. No.40/13.05.000/2012-13 March 7, 2013 The Chief Executive Officers of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Performance Audit Of Agricultural Debt Waiver And Debt Relief Scheme, 2008 Please refer to our Circular UBD. BPD (PCB) Cir. No. 31/13.05.000/2012-13 dated January 15, 2013 on the above subject. Considering the serious nature of… Read More
RBI Clarification on KYC / AML/ PMLA norms in relation to Shifting of bank accounts to another centre
RBI/2012-13/431 UBD.BPD (PCB) Cir. No. 39/14.01.062/2012-13 March 7, 2013 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Measures/Combating of Financing of Terrorism (CFT) / Obligations of banks under Prevention of Money Laundering Act (PMLA), 2002 Primary (Urban) Co-operative Banks Please refer to our circular… Read More
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