National Advisory Committee on Accounting Standards
[TO BE PUBLISHED
IN THE GAZETTE or INDIA, EXTRAORDINARY, PART II. SECTION 3, SUB-SECTION (ii)]
New Delhi, 18th September,
2014.
S.O. (E).- Jn exercise of the powers conferred by sub-section (I) of section 21 OA 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:-
S. No. Name and Designation
Post Held
(1) Shri Arnarjit Chopra, Chairperson,
Chartered Accountant
sub-section
(2) of section 210 A]
(2)
|
Or. A.S. Durga Prasad, President, Nominee
of
The
|
Member,
[nominated under clause (b) of
|
Institute of Cost and Works
|
sub-section (2)
of section 21O A]
|
|
Accountants of India.
|
||
(3)
|
Shri R. Sridharan, President,
|
Member,
|
Nominee
of The Institute of
Company Secretaries of India.
|
[nominated
under clause (b)
of
sub-section (2)
of section 2 I OA]
|
|
(4)
|
CA. K. Raghu, President, Nominee of The Institute of Chartered Accountants of
|
Member,
[nominated under clause (b) of
sub-section (2) of section 210 A]
|
India.
|
||
(5)
|
Joint Secretary,
|
Member,
|
Ministry of Corporate Affairs.
|
[Nominated under clause (c) of
|
sub-section (2) of section 210 A]
2. The Chairperson and members shall hold office for a period of one year from the date of publication of this notification in the Official Gazette or till the constitution of National Financial Reporting Authority under section 132 of the Companies Act, 2013, (18of2013) whichever is earlier.
3. This notification shall come into force on 18th September, 2014.
[F.No.1/5/2001-CL.V(Part
V)]
Sd.
Amardeep
Singn Bhatia
Joint
Secretary to the Govt. of India
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