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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Government launches eBiz Portal to create a business friendly ecosystem
Anand Sharma Launches eBiz Portal Portal to Provide Secure one Stop Shop for all Investment and Business Related Information and Services 24X7 The Union Minister for Commerce, Industry & Textiles Shri Anand Sharma launched an eBiz portal at the CII Partnership Summit in Agra today. The portal is India™s Government-to-Business (G2B) portal developed by Infosys… Read More
MoF releases report on Public Debt Management for Q3 ’12-’13
The Middle Office was set up in September 2008, in Department of Economic Affairs, Ministry of Finance, Government of India. With the objective of enhancing transparency of debt management operations, Middle Office began publishing on its website a quarterly report titled Public Debt Management - Quarterly Report from the first quarter of the fiscal year… Read More
Comprehensive guidelines on Offer For Sale (OFS) of Shares by Promoters through the Stock Exchange Mechanism.
CIRCULAR CIR/MRD/DP/04/2013 January 25, 2013 To, The Managing Director and CEO, The Managing Director BSE Limited. National Stock Exchange of India Ltd. Dear Sir / Madam, Sub: Comprehensive guidelines on Offer For Sale (OFS) of Shares by Promoters through the Stock Exchange Mechanism. 1. Comprehensive guidelines on sale of shares through OFS mechanism were issued vide… Read More
DGFT Amendment on Export of Pharmaceutical Grade Sugar and Specialty Sugar
(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii)) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Notification No 29 (RE 2012)/2009-2014 New Delhi, Dated : 11th January, 2013 Subject: Export of Pharmaceutical Grade Sugar and Specialty Sugar. S.O.(E) In exercise of the powers conferred by… Read More
Dates for Filing of online DVAT returns for third quarter of 2012-13 extended
In order to facilitate' the filling of online DVAT/CST returns, in exercise of the powers conferred under Rule 49A of the DVAT Rules, 2005, the last date of online filing of return for third quarter of 2012-13 is extended upto 01.02.2013. The last date of filing of hard copy of the return for the above return… Read More
Guidelines for providing dedicated Debt Segment on Stock Exchanges
Securities and Exchange Board of India CIR/MRD/DP/03/2013 January 24, 2013 To All Stock Exchanges and Clearing Corporations Dear Sir / Madam, Sub: Guidelines for providing dedicated Debt Segment on Stock Exchanges. 1. The market for debt securities differs from equity markets in several ways such as risk, returns, liquidity, type of participants and method of… Read More
SEBI Guidelines on Identification of Beneficial Ownership
CIRCULAR CIR/MIRSD/2/2013 January 24, 2013 SEBI Registered Intermediaries: 1. Stock Brokers through Recognized Stock Exchanges 2. Depository Participants (DPs) through Depositories 3. Mutual Funds (MFs) 4. Association of Mutual Funds in India (AMFI) 5. Portfolio Managers (PMs) 6. KYC Registration Agencies (KRAs) 7. Alternate Investment Funds (AIFs) 8. Collective Investment Schemes (CIS) 9. Investment Advisers… Read More
ITAT’s Note On Department’s General Grievances
ITAT'S NOTE ON DEPARTMENT'S GENERAL GRIEVANCES IN THE MATTER OF REPRESENTATION AND ADJUDICATION OF CASES FIXED BEFORE EACH BENCH OF ITAT DELHI NOTE, DATED 21-1-2013 The CIT-DR (Admn.), vide letter dated 27th December, 2012, (Annexure) has expressed their grievance with regard to cases fixed before each Bench, which usually exceed 20. She has stated that due to paucity… Read More
CCI meeting with corporates on Good Corporate Governance
CCI Holds Round-Table Meeting With Top Corporates, Emphasises Competition Compliance for Good Corporate Governance Competition Commission of India today held a round-table meeting with top companies of the country on the subject of Competition Compliance for Good Corporate Governance. Representatives of trade associations/industry associations such as ASSOCHAM, FICCI, CII and PHDCCI also attended the meeting.… Read More
Revision in the norms for the scheme ˜Special Industry Initiative Scheme for Jammu & Kashmir (Udaan)™
The Cabinet Committee on Economic Affairs has approved the modification in the Scheme ˜Special Industry Initiative for Jammu & Kashmir™ (Udaan) to make it more flexible and relevant. Within the overall central assistance of Rs.750 crore, the flexibility to appropriate the budget among different expense heads will be allowed. Public Sector Undertakings (PSUs) have now… Read More
Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses
RBI/2012-13/394 A. P. (DIR Series) Circular No. 81 January 24, 2013 To, All Authorised Dealer Category - I Banks Madam / Sir, Memorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange Houses Attention of Authorised Dealer Category I (AD Category I) banks is invited to Part (B)… Read More
Interest Rates on and Premature Withdrawal of Rupee Term Deposits
RBI/2012-13/393 DBOD.No.Dir.BC. 74/13.03.00/2012-13 January 24, 2013 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam Interest Rates on and Premature Withdrawal of Rupee Term Deposits In terms of our mailbox clarification dated May 16, 2007, deposits of `15 lakh or any higher threshold approved by the Boards of banks have been termed wholesale deposits. The term bulk… Read More
Retail issue of Subordinated Debt for raising Tier II capital
RBI No. 2012-13/392 DBOD.BP.BC. No.72/21.01.002/2012-13 January 24, 2013 The Chairman and Managing Directors/ Chief Executive Officers of All Commercial Banks (excluding RRBs) Dear Sir Retail issue of Subordinated Debt for raising Tier II capital Please refer to our circular DBOD.BP.BC.No.69/21.01.002/2009-10 dated January 13, 2010 on the above subject, advising banks to adhere to certain conditions, while issuing… Read More
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