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MINISTRY OF COMPANY AFFAIRS

NOTIFICATION

New Delhi, the 9th August, 2006

S.O. 1273(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 said Act, namely :—

(1) Shri Yezdi H. Malegam, Chartered Accountant

(2) Shri T. N. Manoharan, President of the Institute of Chartered Accountants of India

(3)  Shri H. M. Choraria, President of the Institute of Company Secretaries of India

(4) Shri M. Gopalakrishnan, Central Council Member, The Institute of Cost and Works Accountants of India

(5) Shri Prashant Saran, Chief General Manager-in-charge, Reserve Bank of India Chairperson (shall hold office upto 28-2-2007)

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

Member (shall hold office upto 28-2-2007)

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

Member

(shall hold office upto 28-2-2007)

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

Member

(shall hold office upto 28-2-2007)

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

Member

(shall hold office upto 28-2-2007)

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

(6) Shri A. K. Awasthi, Director General (Commercial), Nominee of the Comptroller and Auditor-General of India

Dr. N. Balasubramanian, Nominee of the Indian Institute of Management, Bangalore

Shri Dinesh Verma, CIT (ITA), Central Board of Direct Taxes

Shri Ved Jain, Nominee of the Associated Chambers of Commerce and Industry of India

Shri S. R. Mehta, Nominee of the Federation of Indian Chambers of Commerce and Industry

Shri R. K. Nair, Executive Director, Securities and Exchange Board of India

(12) Shri Jitesh Khosla, Joint Secretary, Ministry of Company Affairs

Member

(shall hold office upto 28-2-2007)

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

Member

(shall hold office upto 28-2-2007)

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

Member

(shall hold office upto 28-2-2007)

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

Member

(shall hold office upto 28-2-2007)

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

Member

(shall hold office upto 28-2-2007)

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

Member

(shall hold office • 7to 28-2-2007)

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

Member

(shall hold office upto 28-2-2007)

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

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

[F. No. 1/5i2001-CL-V]

JITESH KHOSLA, Jt. Secy.

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