1/15/99-CL-V

Government of India

Ministry of Law, Justice & Company Affairs

Department of Company Affairs

5th Floor, 'A' Wing, Shastri Bhawan,

New Delhi, Dated 11.11.99

PRESS NOTE NO:15/99

Subject: Constitution of a Committee to administer the Investor Education and

Protection Fund and to maintain separate accounts and other relevant records

in relation to that Fund.

The Central Government, in exercise of powers conferred by sub-section (4) of section 205C of the Companies Act, 1956, has constituted a Committee to administer the Investor Education and Protection Fund. The Fund shall be utilised for the promotion of investor awareness and protection of the interests of investors. The Members of the Committee shall hold office for a period of two years. A Notification constituting the Committee has been issued today.

 

2. The Committee will consist of:

S/Shri
    1. T.S. Krishna Murthy, Secretary, Department

      of Copany Affairs. - Chairman

    2. Ms. Sucheta Dalal, Mumbai - Member
    3. N.S. Chopra, Member ITAT (Retd.) New Delhi - Member
    4. K.B. Dabke, Chartered Accountant, Mumbai - Member
    5. S. Nandagopal, Chartered Accountant, Chennai - Member
    6. Manubhai Shah, Managing Trustee, Consumer

      Education and Research Centre, Ahmedabad. - Member

    7. A.K. Narayan, President, Tamil Nadu Investors

      Association, Chennai - Member

    8. M.D. Dasari, General Manager, Reserve Bank of

      India - Member

    9. Ashok Kackar, Executive Director, Securities and

      Exchange Board of India - Member

    10. Shri Udaya Bhaskar Nair, Nagpur - Member
    11. Shri H. Raja, Chartered Accountant, Karaikudy,

Tamilnadu. - Member

3. A copy of the Notification for Constitution of the Committee and this Press Note has been placed at the Web page of the Department of Company Affairs at the Internet Address http://www.nic.in/dca.

 

 

( R. D. Joshi )

Joint Secretary to the Govt. of India