Constitution of National Advisory Committee on Accounting Standards - S.O. 804(E). - Companies Law

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION (ii)] Government of India Ministry of Corporate Affairs NOTIFICATION Constitution of National Advisory Committee on Accounting Standards DATED 11-4-2012 S.O. 804(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 the National Advisory Committee on Accounting Standards, for a period up to the 28th February, 2013 with effect from the date of publication of this notification, 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, [nominated under clause ( a ) of sub-section (2) of section 210A ] (2) The President, of the Institute of Chartered Accountants of India Member, [nominated under clause ( b ) of sub-section (2) of section 210A ] (3) The President of the Institute of Company Secretaries of India Member, [nominated under clause ( b ) of sub-section (2) of section 210A ] (4) The President of the Institute of Cost and Works Accountants of India Member, [nominated under clause ( b ) of sub-section (2) of section 210A ] 1 [ (5) Shri Deepak Singhal, Chief General Manager-in-charge, Department of Banking Operations and Development, Nominee of Reserve Bank of India. Member, [nominated under clause ( d ) of sub-section (2) of section 210A ] ] (6) Shri Gautam Guha, Director General (Commercial), Nominee of the Comptroller and Auditor-General of India Member, [nominated under clause ( e ) of sub-section (2) of section 210A ] (7) Nominee of the Indian Institute of Management, Kolkata Member, [nominated under clause ( f ) of sub-section (2) of section 210A ] (8) Shri Sunil Gupta, Joint Secretary, Ministry of Finance, Nominee of the Central Board of Direct Taxes Member, [nominated under clause ( g ) of sub-section (2) of section 210A ] (9) Shri Ashok Haldia, Nominee of the Associated Chambers of Commerce and Industry of India Member, [nominated under clause ( h ) of sub-section (2) of section 210A ] (10) Shri S Santhanakrishnan, Nominee of the Confederation of Indian Industry Member, [nominated under clause ( h ) of sub-section (2) of section 210A ] 2 [ (11) Shri V.S. Sundaresan, Chief General Manager, Corporation Finance Department, Securities and Exchange Board of India. Member, [nominated under clause ( i ) of sub-section (2) of section 210A ]] (12) Smt. Renuka Kumar, Joint Secretary, Ministry of Corporate Affairs Member, [nominated under clause ( c ) of sub-section (2) of section 210 A ]. Special Invitee (13) Shri G. Ramaswamy, Ex-President, ICA [nominated under clause ( c ) of sub-section (2) section 210A ] (14) Shri Suresh Senapati, CFO, Wipro [nominated under clause ( c ) of sub-section (2) section 210A ]. [F.NO.1/5/20011-CL.V], ---------------------- Notes:- 1. Substituted vide Notification No. F. No. 1/5/2001-CL-V, dated 15.10.2012 , before it was read as:- (5) Shri P.R. Ravi Mohan, Chief General Manager, Nominee of Reserve Bank of India Member, [nominated under clause ( d ) of sub-section (2) of section 210A ] 2. Substituted vide Notification No. F. No. 1/5/2001-CL-V, dated 15.10.2012 , before it was read as:- (11) Smt. Usha Narayanan, Executive Director, Securities Exchange Board of India Member, [nominated under clause ( i ) of sub-section (2) of section 210A ]