Notification, 2016

Text

Reproduced from the document India Code holds for this instrument. The Gazette prints Hindi and English side by side and this is the English; the Department's own PDF remains the authority.

EXTRAORDINARY

PUBLISHED BY AUTHORITY

No. 2394] NEW DELHI, MONDAY, OCTOBER 3, 2016/ASVINA 11, 1938

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:-

(1) Shri Amarjit Chopra, Chairperson, Chartered Accountant [nominated under clause (a) of sub-section (2) of section 210A]

(2) Shri Manas Kumar Thakur, Member, President, Nominee of the Institute of Cost [nominated under clause (b) of Accountants of India sub-section (2) of section 210A]

(3) Ms. Mamta Binani, Member, President, Nominee of the Institute of Company [nominated under clause (b) of Secretaries of India sub-section (2) of section 210A]

(4) Shri M. Devaraja Reddy, President, Member, Nominee of the Institute of Chartered [nominated under clause (b) of Accountants of India sub-section (2) of section 210A]

(5) Joint Secretary, Member, Ministry of Corporate Affairs [nominated under clause (c) of sub-section (2) of section 210A]

(6) Shri Sudarshan Sen, Chief Member, General Manager-in-Charge, [nominated under clause (d) of Nominee of the Reserve Bank of India sub-section (2) of section 210A]

(7) Director General (Commercial), Member, Nominee of Comptroller and Auditor- [nominated under clause (e) of General of India sub-section (2) of section 210A]

(8) Dr. Sanjeev Singhal, Member, Former Associate Professor, [nominated under clause (f) of FORE School of Management sub-section (2) of section 210A]

(9) Joint Secretary, TPL-II, Member, Nominee of the Central Board of [nominated under clause (g) of Direct Taxes sub-section (2) of section 210A]

(10) Shri Dipankar Chatterji, Member, Nominee of the Confederation of Indian [nominated under clause (h) of Industry sub-section (2) of section 210A]

(11) Shri Sushil Agarwal, Member, Nominee of the Federation of Indian Chambers of [nominated under clause (h) of Commerce and Industry sub-section (2) of section 210A].

(12) Dr. Ashok Haldia, Member, Nominee of the Associated Chambers of [nominated under clause (h) of Commerce and Industry of India sub-section (2) of section 210A]

(13) Executive Director, Member, Nominee of Securities Exchange Board of India [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. AMARDEEP SINGH BHATIA, Jt. Secy.

and Published by the Controller of Publications, Delhi-110054.

HARINDRA KUMAR

Provisions this notification answers to

Read out of the instrument itself: an enabling provision is one it says it was made under, which is the power it rests on. The rest it names without resting on.

Other instruments under the same Act

All of the The Companies Act, 2013