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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Existence of Efficient Financial Markets is Paramount for Achieving Economic Growth: FM
The Union Finance Minister Shri P .Chidambaram said that existence of efficient financial markets i.e. both banks and capital markets, is paramount for achieving economic growth. He said that without vibrant and viable financial market architecture, there cannot be any sustainable economic growth. The Finance Minister said that efficient intermediation by financial markets lead to… Read More
Chairman of the 20th Law Commission Appointed
Justice D. K. Jain, Judge, Supreme Court of India, will be the Chairman of the Twentieth Law Commission of India. According to the Notification issued here today, the appointment of Justice Jain will be effective from any day after 24thJanuary 2013 on his retirement from the Supreme Court. The Twentieth Law Commission was constituted through a Government… Read More
ASSOCHAM wants correction as FM begins pre-budget consultations
Showing a grave concern over the fact that notices for reopening of assessments by the tax authorities are being issued in thousands in recent times, ASSOCHAM today said returns should not be re-opened beyond three years. As Finance Minister P Chidambaram has started his pre-budget consultations with different stakeholders, the ASSOCHAM has submitted a detailed… Read More
Revised Reporting System for Priority Sector Lending
RBI/2012-13/364 RPCD.CO.Plan. BC 56/04.09.01/2012-13 January 07, 2013 The Chairman/ Managing Director/ Chief Executive Officer [All scheduled commercial banks (excluding Regional Rural Banks)] Madam/Dear Sir, Priority Sector Lending - Revised Reporting System Please refer to the revised priority sector guidelines issued vide circular RPCD.CO. Plan. BC.13/04.09.01/2012-13 dated July 20, 2012 wherein it was advised that separate guidelines relating… Read More
Revised Guidelines on Credit Default Swaps (CDS) for Corporate Bonds
RBI/2012-13/366 IDMD.PCD.No.10 /14.03.04/2012-13 January 7, 2013 All Market Participants Dear Sir/Madam, Revised Guidelines on Credit Default Swaps (CDS) for Corporate Bonds A reference is invited to the guidelines on CDS issued vide circular IDMD.PCD.No. 5053 /14.03.04/2010-11 dated May 23, 2011. 2. Based on the feedback received from the market and suggestions of the Technical Advisory Committee… Read More
External Commercial Borrowings Policy on Infrastructure Finance
RBI/2012-13/367 A.P. (DIR Series) Circular No. 69 January 07, 2013 To, All Category - I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) Policy Non-Banking Financial Company Infrastructure Finance Companies (NBFC-IFCs) Attention of Authorized Dealer Category-I banks is invited to A. P. (DIR Series) Circular No. 51 dated May 11, 2010 relating to External Commercial… Read More
Revised Guidelines on Ready Forward Contracts in Corporate Debt Securities
RBI/2012-13/365 IDMD.PCD.09/14.03.02/2012-13 January 7, 2013 To All Market Participants Dear Sir/Madam, Revised Guidelines on Ready Forward Contracts in Corporate Debt Securities As part of the measures to develop the corporate bond market, repo transactions were permitted in corporate debt securities vide the Directions issued through the notification no IDMD.DOD. 04/11.08.38/ 2009-10 dated January 8, 2010… Read More
Poll@CLR – What is the best time to receive the CLR Daily Mail?
Corporate Law Reporter has been sending Daily Law Journals to all our subscribers for roughly the past one year. We at Corporate Law Reporter would like to know from all our subscribers, what they think about the time of the day they receive this email. Please participate in a small poll to allow us determine this.… Read More
DGFT makes modifications of SIONs
(To be published in the Gazette of India Extraordinary) (Part-I- Section-1) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 43 (RE: 2012)/2009-2014 New Delhi: Dated: 2nd January, 2013 Subject: Modification of SIONs at Sl No.C-1188,1206,1207,1208,1209,1314,1702 and 1971 In exercise of the powers conferred under Paragraph… Read More
Inclusion of Chapter Offices of FIEO
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-1, SECTION-1 GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE Public Notice No. 44 (RE 2012)/2009-2014 NEW DELHI, DATED THE 2nd JANUARY, 2013 Subject: - Inclusion of Chapter Offices of FIEO in Appendix-2 of Handbook of Procedures Vol.1.… Read More
DGFT makes amendments in Reward/Incentive Schemes
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-1 SECTION-1 GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE Public Notice No. 42(RE2012)/2009-14 Dated: 31st December, 2012 Subject: Amendments in the Reward/Incentive Schemes of Chapter 3 of Foreign Trade Policy 2009-14 - Appendix 37A, Appendix 37C and Appendix 37D… Read More
Annual Report on Banking Ombudsman Scheme, 2011-12
The Reserve Bank of India in the month of January 2013 has set up a working group in order to evaluate and make improvements in the current grievance redressal mechanism for bank customers. The working group has been constituted by the RBI to review, update, and revise the Banking Ombudsman Scheme (BOS), 2006. As per the… Read More
ICSI Announces 17th Residential Management Skills Orientation Program
ICSI - Centre for Corporate Governance, Research & Training (CCGRT) is organizing its 17 thResidential Management Skills Orientation Program (MSOP) from Wednesday, January 16, 2013 to Thursday, January 31, 2013. All the final passed candidates from anywhere in India and having completed TOP and Management Training or been exempted from training are eligible to attend. For… Read More
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