Government of India

Ministry of Law, Justice and Company Affairs

Department of Company Affairs

 

New Delhi, the  29th August, 2001

 

 

NOTIFICATION

 

    S.O.841(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 Act,  namely:-

 

1.

Shri Yezdi H. Malegam, Chartered Accountant

Chairperson

( shall hold office for a period of one year)

 

2.

President,

Institute of Chartered Accountants of India

member

( shall hold office for a period of one year)

[nominated under clause (b) of sub-        section (2) of Section 210A]

 

3.

President,

Institute of Company Secretaries of India

member

( shall hold office for a period of one year)

[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 for a period of one year)

[nominated under clause (b) of sub-section (2) of section 210A]

 

5.

Shri A. Ramaswamy,

Joint Secretary,

Department of Company Affairs

member

( shall hold office for a period of one year)

[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 for a period of one year)

[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 for a period of one year)

[nominated under clause (e) of sub-section (2) of section 210A]

 

 

8.

 

Prof. R.M. Goyala,

Delhi University

 

 

 

member

( shall hold office for a period of one year)

 

 

9.

Shri G.C. Srivastava, Joint Secretary,

Central Board of Direct Taxes

member

( shall hold office for a period of one year)

[nominated under clause (g) of sub-section (2) of section 210A]

 

10.

Shri Ravi Sud, Vice President Finance,

Hero Honda Motors Limited, Nominee of the Confederation  of Indian Industry

member

( shall hold office for a period of one year)

[nominated under clause (h) of sub-section (2) of section 210A]

 

11.

Shri Rajendra S. Lodha, Nominee of the Federation of Indian Chambers of Commerce and Industry

member

( shall hold office for a period of one year)

[nominated under clause (h) of sub-section (2) of section 210A]

 

12.

Shri Pratip Kar, Executive Director, the Securities and Exchange Board of India

member

( shall hold office for a period of one year)

[nominated under clause (i) of sub-section (2) of section 210A]

 

2.                  This notification shall take effect from the date of its publication in the Official Gazette.

 

 

 

           

 

( A. Ramaswamy )

Joint Secretary to the Government of India