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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Ministry of Corporate Affairs (MCA) has observed that some listed companies have shown abnormal figure of their shareholders in their Annual Return (e-form no. 20B) filed with the Registrar of Companies. It appears that the signatories of e-form 20B of above companies including certifying practicing professionals have not verified the figures of number of shareholders… Read More
MCA website is likely to have options for XBRL reporting by 15th of July. Specific notification will be made to enable stakeholders for early filing. Pursuant to recent notifications on XBRL, Companies with paid up capital of Rs. 5 crores or turnover of Rs. 100 crores are required to comply with XBRL reporting norms for… Read More
Circular No. 143/12/ 2011 ST F.No.332/37/2010-TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit North Block, New Delhi 26th May, 2011 To Chief Commissioners of Central Excise and Service Tax (All), Director General (Service Tax), Director General (Central Excise Intelligence), Director General (Audit), Commissioners of… Read More
The Ministry of Civil Aviation has set up an Independent Accident Investigation Committee on 26.5.2011 to ensure independent, fair and transparent investigation of accidents. This Committee will work under oversight of Ministry of Civil Aviation. The Committee will have following functions and responsibilities:- i) Draw up a… Read More
The 194th meeting of the Central Board of Trustees, EPF, which was the eleventh regular meeting of the present Board, was convened last week. The Board deliberated upon a proposal for further extension of the selection process of the new fund managers for a period of two months effective from 01.07.2011. The Board also stipulated… Read More
Policy Circular No. 32(RE-2010)/2009-14 Dated: 03rd June, 2011 To All Regional Authorities FIEO and All EPCs Subject:- Clarification about requirement of Declaration of Intent on Free Shipping Bills for claiming Chapter 3 scheme benefits. 1. Para 3.11.8 of HBPv1 2009-14 (earlier Para 3.23.8 in RE-2008) provides for Declaration of Intent to be made on… Read More
Public Notice No.57/ (RE-2010)/2009-2014 Dated: the 20 June, 2011 Subject: Modification of SION C-390 and C-1538 under Engineering Products Group. In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the following amendments are made in the Handbook of Procedure Vol. II (as stated in paragraph 1.1 of Vol. I): A. Amendment… Read More
In pursuit of its objective to provide a direct cash subsidy to farmers for fertilisers, the government is mulling the feasibility of transferring the subsidy in cash to about 2.3 lakh retailers, instead of the fertiliser makers, as a preliminary step. A task force headed by Nandan Nilekani is working on a model for… Read More
Interactive Session on XBRL - Extensible Business Reporting Language 30 June 2011:India Habitat Centre, New Delhi Ministry of Corporate Affairs has mandated all listed Companies and certain unlisted Companies to file their Balance Sheet and Profit & Loss account (financial statements) for the year ended 31 March 2011 onwards using XBRL format. With the mandatory use of XBRL, the Industry needs… Read More
Government of India have announced the sale (re-issue) of (i) 7.59 percent Government Stock 2016 for a notified amount of Rs.3,000 crore (nominal), (ii) 8.08 percent Government Stock 2022 for a notified amount of Rs.6,000 crore (nominal) and (iii) 8.28 percent Government Stock 2032 for a notified amount of Rs.3,000 crore (nominal) through price based… Read More
The Internet Corporation for Assigned Names and Numbers (ICANN) said it will start accepting applications for new domain names from January 12 to April 12 next year, a move that will give organisations more options for branding themselves. ICANN said internet domain names can consist of any word or words, in any language and any… Read More
Calling for a comprehensive immigration reform that gives more opportunities to high-skilled workers from countries like India, New York Mayor Michele Bloomberg has demanded removal of Congressional mandated cap on H-1B visas and Green Cards. "We must stop telling US companies that they cannot hire the high-skilled workers they need. By making it difficult for… Read More
No 17/143/2011-CL.V, Dated: 06.06.2011 Ministry of Corporate Affairs Subject : Companies (Dematerialization of Certificates) Rules, 2011 Sir, The Ministry of Corporate Affairs is considering to issue Companies (Dematerialization of Certificates) Rules, 2011 so that all public Companies and their subsidiaries which have raised money by issue of shares, debentures, by accepting public deposits, stock, bond or any other financial instruments from public, other than… Read More
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