Constitution of the National Advisory Committee on Accounting standard u/s 210A of the Companies Act,1956 - S.O. 1010(E). - Companies Law

MINISTRY OF COMPANY AFFAIRS NOTIFICATION NEW DELHI, THE 17 TH SEPTEMBER, 2004 Subject:- Constitution of the National Advisory Committee on Accounting standard u/s 210A of the Companies Act,1956 S.O. 1010(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 28-2-2005) [under clause (a) of sub-section (2) of section 210A] (2) President of the Institute of Chartered Accountants of India Member (shall hold office up to 28-2-2005) [nominated under clause (b) of sub-section (2) of section 210A] (3) President of the Institute of Company Secretaries of India Member (shall hold office up to 28-2-2005) [nominated under clause (b) of sub-section (2) of section 210A] (4) President of the Institute of Cost and Works Accountants of India Member (shall hold office up to 28-2-2005) [nominated under clause (b) of sub-section (2) of section 210A] (5) Nominee of the Reserve Bank of India Member (shall hold office up to 28-2-2005) [nominated under clause (d) of sub-section (2) of section 210A] (6) Nominee of the Comptroller and Auditor-General of India Member (shall hold office up to 28-2-2005) [nominated under clause (e) of sub-section (2) of section 210A] (7) Dr. N. Balasubramanian, Nominee of the Indian Institute of Management, Bangalore Member (shall hold office up to 28-2-2005) [nominated under clause (f) of sub-section (2) of section 210A] (8) Nominee of the Central Board of Direct Taxes Member (shall hold office up to 28-2-2005) [nominated under clause (g) of sub-section (2) of section 210A] (9) Nominee of the Associated Chambers of Commerce and Industry Member (shall hold office up to 28-2-2005) [nominated under clause (h) of sub-section (2) of section 210A] (10) Nominee of the PHD Chambers of Commerce and Industry Member (shall hold office up to 28-2-2005) [nominated under clause (h) of sub-section (2) of section 210A] (11) Nominee of the Securities and Exchange Board of India Member (shall hold office up to 28-2-2005) [nominated under clause (i) of sub-section (2) of section 210A] (12) Joint Secretary, Ministry of Company Affairs Member (shall hold office up to 28-2-2005) [nominated under clause (c) of sub-section (2) of section 210A] 2. This notification shall take effect from the date of publication in the Official Gazette. [F. No. 1/5/2001-CL-V] JITESH KHOSLA, Jt. Secy.