Constitution of National Advisory Committee on Accounting Standards. - S.O. 31(E) - Companies Law

PUBLISHED IN THE GAZETTE OF INDIA, EXTRA ORDINARY, PART II, SECTION 3, SUB-SECTION (i) MINISTRY OF FINANCE AND COMPANY AFFAIRS (Department of Company Affairs) NOTIFICATION New Delhi, the 3rd January, 2003 Subject:- Constitution of National Advisory Committee on Accounting Standards. S.O. 31(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, namely : (1) Shri Yezdi H. Malegam, Chartered Accountant Chairperson (shall hold office up to 28-8-2003 (2) President, Institute of Chartered Accountants of India Member (shall hold office up to 28-8-2003) [nominated under clause ( b ) of sub-section (2) of section 210A (3) President, Institute of Company Secretaries of India Member (shall hold office up to 28-8-2003) [nominated under clause ( b ) of sub-section (2) of section 210A (4) President, Institute of Cost and Works Accountants of India Member (shall hold office up to 28-8-2003) [nominated under clause ( b ) of sub-section (2) of section 210A] (5) Shri Rajiv Mehrishi, Joint Secretary, Department of Company Affairs Member (shall hold office up to 28-8-2003) [nominated under clause ( c ) of sub-section (2) of section 210A (6) Shri C.R. Muralidharan, Chief General Manager, Reserve Bank of India Member (shall hold office up to 28-8-2003) [nominated under clause ( d ) of sub-section (2) of section 210A] (7) Shri A.K. Awasthi, Principal Director (Commercial) Nominee of the Comptroller and Auditor-General of India Member (shall hold office up to 28-8-2003) [nominated under clause ( e ) of sub-section (2) of section 210A (8) Shri. G.C. Srivastava, Joint Secretary, Central Board of Direct Taxes Member (shall hold office up to 28-8-2003) [nominated under clause ( g ) of sub-section (2) of section 210A] (9) Shri Ravi Sud, Vice-President Finance, Hero Honda Motors Limited, Nominee of the Confederation of Indian Industry Member (shall hold office up to 28-8-2003) [nominated under clause ( h ) of sub-section (2) of section 210A] (10) Shri Rajendra S. Lodha, Nominee of the Federation of Indian Chambers of Commerce and Industry Member (shall hold office up to 28-8-2003) [nominated under clause ( h ) of sub-section (2) of section 210A] (11) Shri Pratip Kar, Executive Director, The Securities and Exchange Board of India Member shall hold office up to 28-8-2003) [nominated under clause ( i ) of sub-section (2) of section 210A] (12) Doctor N. Balasubramanian, Visiting Professor, Indian Institute of Management, Bangalore Member (shall hold office up to 28-8-2003) 2. This notification shall take effect from the date of publication in the Official Gazette. RAJIV MEHRISHI Joint Secretary