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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Message by ICSI President – June, 2011
Dear Professional Colleagues, "Only knowledge can help us to know the universe, which is vast like an Ocean. It enlightens everyone's mind."-- Rig Veda We are witnessing a series of changes in procedural and regulatory regime governing the business environment. Friends, when there is change, what becomes more important is not only to understand and… Read More
Chinese hackers break into hundreds of Gmail Accounts
In a phishing attack, hackers based in China broke into hundreds of Gmail accounts, including those belonging to senior US government officials and military personnel, Internet serach giant Google has said. "Through the strength of our cloud-based security and abuse detection systems, we recently uncovered a campaign to collect user passwords, likely through phishing," Google… Read More
RBI calls for secured systems to check credit card frauds
Amid rising instances of debit and credit card frauds, a RBI panel has recommended that banks should put in place secure systems to check such cases within a year's time. "All acquirers and issuers may put in place adequate fraud risk management systems and processes (within) 12 months," said the panel in its recommendations for… Read More
MSME-DI Conference on Policy Changes for Effective Implementation of MSME Schemes
A two day MSME-DI Officers Conference on Policy Changes on Effective Implementation of MSME Schemes : Analysis and Road Map was conducted by the Office of Development Commissioner under Ministry of Micro, Small and Medium Enterprises (MSME). In his valedictory address the Minister of MSME, Shri Virbhadra Singh complemented the initiative taken and emphasized on… Read More
CAG™s Online National Level Essay Competition Begins Today
As part of the 150 years™ celebrations of the Institution of the CA&G of India, a national level on-line essay competition for the graduate and post graduate students in all the disciplines has been organized from today. The subject is Role of CAG in Meeting Challenges of Good Governance. The competition is open only for… Read More
National Green Tribunal functional
National Green Tribunal, Van Vigyan Bhawan, Policy & Law Division, Ministry of Environment and Forests, New Delhi, dated 2nd June 2011. Hon™ble Supreme Court of India in its matter of UOI vs Vimal Bhai & others in SLP (Civil) No. 12065/2009, vide its order dated May 12, 2011, has directed the National Green Tribunal (NGT)… Read More
Competition Commission : The journey so far : From the Horse’s mouth
CCI Mandated to Make Markets Function for the Consumer and to Ensure Fair and Healthy Competition in the Indian Economy- Dhanendra Kumar Successful implementation of any Competition regime has two distinct limbs enforcement of competition laws; and advocacy of benefits of competition among various stakeholders. In the process of transition from planned economy to a… Read More
Committe constituted to check Food Wastage
Ministry of Consumer Affairs, Food & Public Distribution has constituted a fifteen member committee to deliberate upon and suggest possible ways and means to check food wastage. Concern has been voiced time to time on the wastage of food items and ostentatious behavior witnessed especially during occasions like marriages/parties/meetings. It has been estimated that about… Read More
Revised Schedule VI not applicable for November, 2011 CA Exams
This is to bring to the attention of students that a decision has been taken to defer the applicability of the Revised Schedule VI for CA examination, consequent to which the same will not be applicable for the PCC, IPCC and Final examinations to be held in November, 2011. Accordingly, in the list of publications/amendments… Read More
Indirect Tax Ombudsman Guidelines, 2011
The Guidelines are introduced with the objective of enabling the resolution of complaints relating to public grievances against the Customs, Central Excise and Service Tax Department and to facilitate the satisfaction or settlement of such complaints. CHAPTER I PRELIMINARY 1. Short title, commencement, extent and application I. These Guidelines shall be known as the Indirect… Read More
The Companies (Passing of the resolution by Postal Ballot) Rules, 2011
Ministry of Corporate AffairsNotification New Delhi the Dated- 30th May, 2011 G.S.R. ¦¦¦¦.. (E). In exercise of the powers conferred by section 192A read with clauses (a) and (b) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules, in supercession of Companies (passing of… Read More
Transfer Pricing Principles Elucidated – Landmark Judgement by ITAT Mumbai
Symantec software Solutions Pvt Ltd vs. ACIT (ITAT Mumbai) The assessee™s appeal raised the issues whether (i) the TPO could consider financial information of comparables not available at the time of TP study, (ii) multi-year data of comparables could be considered, (iii) a turnover filter had to be applied for identification of comparable companies, (iv)… Read More
Singapore Exchange to clear Asian FX forwards by Sep
The Singapore Exchange (SGX) today said it will start clearing Asian foreign exchange forwards (non-deliverable) by September. The clearing of Asian foreign exchange (FX) forwards would include the non-deliverable currencies traded in the region, namely the Chinese yuan, Indonesian rupiah, Indian rupee, Korean won, Malaysian ringgit, Philippine peso and Taiwanese dollar. "A world's first, this… Read More
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