Appointment of Govt Nominees in the Appellate Authority under the Chartered Accountants Act, 1949

Okay, I'm ready to analyze the provided policy text and generate the report. **Report on Amendment to Government of India, Ministry of Corporate Affairs Notification** **1. Executive Summary:** This report analyzes an amendment to the Government of India, Ministry of Corporate Affairs notification G.S.R. 835E, dated the 3rd November, 2015. The amendment, published on March 17, 2022, specifically modifies the composition of a committee or body by substituting the members listed under serial numbers 2 and 3. The core purpose of this amendment is to update the membership of this body. Key findings include the identification of the replaced and newly appointed members, and the effective date of the amendment. **2. Introduction:** This report aims to provide a clear and concise overview of an amendment to a notification issued by the Ministry of Corporate Affairs, based solely on the provided text. The analysis focuses on understanding the specific changes introduced by the amendment and their potential implications. **3. Policy Overview:** * **Original Policy:** This amendment refers to the original notification G.S.R. 835E, dated the 3rd November, 2015, published by the Ministry of Corporate Affairs. * **Core Objective(s):** While the text does not explicitly state the original policy's objectives, we can infer it relates to the Chartered Accountants Act, 1949, the Cost and Works Accountants Act, 1959 and the Company Secretaries Act, 1980, as the amendment is enacted using the powers conferred by sub section 1 of section 22A of these acts. It also is most likely to concern the formation or reformation of a relevant committee or body under the powers of the Central Government. **4. Background and Rationale:** As this is an amendment, the focus is on the rationale for the changes. The provided text suggests the reason for this specific amendment is to update the membership of the committee or body established under the original notification. The previous members listed under serial numbers 2 and 3 needed to be replaced, likely due to reasons such as the end of their term, resignation, or reassignment. **5. Key Provisions / Changes:** This section details the specific changes introduced by the amendment: * **Specific Part Changed:** The amendment directly substitutes the entries for serial numbers 2 and 3 in the original notification. * **New Rule/Provision:** The new provision introduces the following members: * Shri Praveen Garg, IAS Retd., Member, C6, Tower 6, New Moti Bagh, New Delhi 110 023 * Shri Anand Mohan Bajaj, Member, Additional Secretary, Department of Economic Affairs, Ministry of Finance, New Delhi * **Difference/Effect of Change:** The effect of this change is to replace the individuals who previously held the positions listed under serial numbers 2 and 3 with Shri Praveen Garg and Shri Anand Mohan Bajaj respectively. The amendment ensures that the committee/body has the necessary members to function as intended. **6. Target Audience and Stakeholders:** Based on the text, the direct target audience and stakeholders affected by this amendment are: * The committee or body whose members are being changed. * The members of the Institute of Chartered Accountants of India, Institute of Cost Accountants of India, and the Institute of Company Secretaries of India. * The Ministry of Corporate Affairs. * Potentially, organizations or individuals who interact with this committee/body. **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The Ministry of Corporate Affairs is the responsible agency for implementing this amendment. * **Timelines/Procedures:** The notification states that "This notification shall come into force on the date of its publication in the Official Gazette," which is March 17, 2022. * **Amendment Specific Implementation:** The implementation of the change primarily involves updating the records and formally recognizing the new members in their respective roles within the committee/body. **8. Expected Outcomes / Impact of Changes:** The likely intended outcome of these changes is to ensure the continued effective functioning of the committee/body by having appropriately qualified and available members. The amendment facilitates the smooth operation of this entity and its ability to fulfill its responsibilities related to the Chartered Accountants Act, 1949, the Cost and Works Accountants Act, 1959 and the Company Secretaries Act, 1980. The specific impact of these changes will depend on the roles and responsibilities of the replaced and new members. **9. Conclusion:** The amendment to the Ministry of Corporate Affairs notification, published on March 17, 2022, serves to update the membership of a committee or body. By replacing the members listed under serial numbers 2 and 3 with Shri Praveen Garg and Shri Anand Mohan Bajaj, the amendment ensures the continued functionality and relevance of this body in fulfilling its mandate related to corporate affairs and professional accounting practices. The changes took effect immediately upon publication in the Official Gazette. This action is a routine, but important, administrative update necessary for the ongoing effectiveness of the original policy.

Key Entities Referenced