National Advisory Committee on Accounting Standards Notified

By | October 4, 2016
(Last Updated On: October 4, 2016)

MINISTRY OF CORPORATE AFFAIRS

NOTIFICATION

New Delhi, the 3rd October, 2016

S.O. 3118(E).—In exercise of the powers conferred by sub-section (1) of section 210A of the Companies Act, 1956, (1 of 1956), the Central Government hereby constitutes an Advisory Committee to be called the National Advisory Committee on Accounting Standards, consisting of the following persons, to advise the Central Government on the formulation and laying down of accounting policies and accounting standards for adoption by companies or class of companies under the said Act or the Companies Act, 2013 (18 of 2013) as the case may be, namely:-

1Shri Amarjit ChopraChartered AccountantMember, [nominated under clause (i) of sub-section (2) of section 210A].
2Shri Manas Kumar Thakur,President, Nominee of the Institute of Cost Accountants of IndiaMember, [nominated under clause (i) of sub-section (2) of section 210A].
3Ms. Mamta Binani,President, Nominee of the Institute of Company Secretaries of IndiaMember, [nominated under clause (i) of sub-section (2) of section 210A].
4Shri M. Devaraja Reddy,President Nominee of the Institute of Chartered Accountants of IndiaMember, [nominated under clause (i) of sub-section (2) of section 210A].
5Joint Secretary,Ministry of Corporate AffairsMember, [nominated under clause (i) of sub-section (2) of section 210A].
6Shri Sudarshan Sen,Chief General Manager-in-Charge, Nominee of the Reserve Bank of IndiaMember, [nominated under clause (i) of sub-section (2) of section 210A].
7Director General (Commercial),Nominee of Comptroller and Auditor-General of IndiaMember, [nominated under clause (i) of sub-section (2) of section 210A].
8Dr. Sanjeev Singhal,Former Associate Professor, FORE School of ManagementMember, [nominated under clause (i) of sub-section (2) of section 210A].
9Joint Secretary,TPL-II, Nominee of the Central Board of Direct TaxesMember, [nominated under clause (i) of sub-section (2) of section 210A].
10Shri Dipankar Chatterji,Nominee of the Confederation of Indian IndustryMember, [nominated under clause (i) of sub-section (2) of section 210A].
11Shri Sushil Agarwal,Nominee of the Federation of Indian Chambers of Commerce and IndustryMember, [nominated under clause (i) of sub-section (2) of section 210A].
12Dr. Ashok Haldia,Nominee of the Associated Chambers of Commerce and Industry of IndiaMember, [nominated under clause (i) of sub-section (2) of section 210A].
13Executive Director,Nominee of Securities Exchange Board of IndiaMember, [nominated under clause (i) of sub-section (2) of section 210A].

2. The Chairperson and members shall hold office for a period of one year from the date of publication of this notification in the Official Gazette or till the constitution of National Financial Reporting Authority under section 132 of the Companies Act, 2013 (18 of 2013), whichever is earlier.

3. This notification shall come into force on its publication in the Gazette.

[F. No. 1/5/2001-CL-V (Part VI)]

AMARDEEP SINGH BHATIA, Jt. Secy

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