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19-1-2011

NOTIFICATION No. S.O.107(E)

Section 210A of the Companies Act, 1956 - Constitution of National Advisory Committee on Accounting Standards - Notified Committee

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 M. M. Chitale,

Chartered Accountant

Chairperson,

(shall hold office up to 31-1-2012)

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

2.

Shri G Ramaswamy,

Nominee of the Institute of

Chartered Accountants of India

Member

(shall hold office up to 31-1-2012)

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

3.

Sh. Anil Murarka,

Nominee of the Institute of

Company Secretaries of India

Member,

(shall hold office up to 31-1-2012)

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

4.

Shri Brij Mohan Sharma,

Nominee of the Institute of Cost and

Works Accountants of India

Member

(shall hold office up to 31-1-2012)

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

5.

Shri. P.R. Ravi Mohan,

Chief General Manager,

Nominee of the Reserve Bank of India

Member

(shall hold office up to 31-1-2012)

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

6.

Shri Sarit Jafa,

Principal Director (Commercial Audit),

Nominee of the Comptroller and

Auditor-General of India

Member

(shall hold office up to 31-1-2012)

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

7.

Nominee of the Indian Institute of

Management, Kolkata

Member

(shall hold office up to 31-1-2012)

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

8.

Shri Sunil Gupta,

Joint Secretary, M/o Finance,

Nominee of the Central Board of Direct Taxes

Member

(shall hold office up to 31-1-2012)

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

9.

Sh. Ashok Haldia,

Nominee of the Associated Chambers of

Commerce and Industry of India

Member

(shall hold office up to 31-1-2012)

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

10.

Sh. S. Santhanakrishnan,

Nominee of the Confederation

of Indian Industry

Member

(shall hold office up to 31-1-2012)

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

11.

Smt. Usha Narayayan,

Executive Director,

Securities & Exchange Board of India

Member

(shall hold office up to 31-1-2012)

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

12.

Smt. Renuka Kumar

Joint Secretary,

Ministry of Corporate Affairs

Member

(shall hold office up to 31-1-2012)

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

2. This notification shall take effect from 1st February, 2011.

 

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