Executive Summary:
This notification, G.S.R. 171(E), issued by the Ministry of Corporate Affairs on March 1, 2019, amends a previous notification G.S.R. 835(E) dated November 3, 2015, under the authority of Section 22A of the Chartered Accountants Act, 1949, the Cost and Works Accountants Act, 1959, and the Company Secretaries Act, 1980. It substitutes the entries for serial numbers 2 through 9, relating to the members of specific committees or bodies. The notification takes effect on the date of its publication in the Official Gazette.
Key Points / Main Content:
* **Amendment of Previous Notification:**
* This notification amends the Government of India's notification No. G.S.R. 835(E), dated November 3, 2015.
* **Substitution of Entries:**
* Serial numbers 2, 3, 4, 5, 6, 7, 8, and 9 and their entries are substituted with new information.
* **New Entries:**
* The notification specifies names, positions, and addresses of new members.
* Each new entry also indicates the Act under which the member was appointed (Chartered Accountants Act, Cost and Works Accountants Act, or Company Secretaries Act).
Impact Analysis:
* **Ministry of Corporate Affairs:**
* Impact: The Ministry is responsible for implementing and overseeing the changes to the composition of relevant committees/bodies.
* Action Required: Update records and ensure communication with the newly appointed members.
* **Appointed Members (Shri Praveen Garg, Shri Anand Mohan Bajaj, Shri J. Venketeswarlu, Shri Pankaj Tyagee, Shri Pravakar Mohanty, Shri B. M. Sharma, Ms. Preeti Malhotra, Shri Shyam Agarwal):**
* Impact: These individuals are appointed as members under the respective Acts.
* Action Required: Acknowledge appointment, familiarize themselves with their roles and responsibilities, and participate in relevant activities.
* **Relevant Institutes (ICAI, ICWAI, ICSI):**
* Impact: The composition of committees/bodies relevant to these institutes is altered.
* Action Required: Update records, communicate changes to members, and adjust administrative processes as needed.
Key Entities Referenced
Chartered Accountants Act, 1949: An Act of the Indian Parliament, referenced in the notification concerning amendments and appointments.
Cost and Works Accountants Act, 1959: An Act of the Indian Parliament, referenced in the notification concerning amendments and appointments.
Company Secretaries Act, 1980: An Act of the Indian Parliament, referenced in the notification concerning amendments and appointments.
Ministry of Corporate Affairs: The Indian government ministry that issued the notification.
Anurag Agarwal: Joint Secretary who signed the notification.
New Delhi: The location where the notification was issued and where some individuals mentioned in the notification are located.
Bhubaneswar, Odisha: City in Odisha, India; location of Shri Pravakar Mohanty.
Pune, Maharashtra: City in Maharashtra, India; location of Shri B. M. Sharma.
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MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 1st March, 2019
G.S.R. 171(E).— In exercise of the powers conferred by sub section (1) of section 22A of the Chartered
Accountants Act, 1949 (38 of 1949), section 22A of the Cost and Works Accountants Act, 1959 (23 of 1959) and section
22A of the Company Secretaries Act, 1980 (56 of 1980), the Central Government hereby makes the following further
amendments in the notification of the Government of India, Ministry of Corporate Affairs, published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 835(E), dated the 3rd November, 2015,
namely:—
In the said notification, for serial numbers (2), (3), (4), (5), (6), (7), (8) and (9) and the entries relating thereto,
the following serial numbers and entries shall be substituted, namely:—
“(2) Shri Praveen Garg, -- Member
Additional Secretary and Financial Advisor,
Ministry of Environment, Forest and Climate Change,
New Delhi.
(3) Shri Anand Mohan Bajaj, -- Member
Joint Secretary, Department of Economic Affairs,
Ministry of Finance, New Delhi.
(4) Shri J. Venketeswarlu, -- Member
Plot No. 443-A-22, Road No. 86, [Appointed under clause (b) of sub-
Jubilee Hills, Hyderabad-500096. section (1) of section 22A of the Chartered
Accountants Act, 1949]
(5) Shri Pankaj Tyagee, -- Member
C-504, Unesco Apartment, [Appointed under clause (b) of sub-
I.P. Extension Patparganj, section (1) of section 22A of the Chartered
New Delhi-110092. Accountants Act, 1949]
(6) Shri Pravakar Mohanty, --Member
HIG-188, Ph. VII, [Appointed under section 22A of the Cost
Sailashree Vihar, and Works Accountants Act, 1959]
Chandraselharpur,
Bhubaneswar-751021, Odisha.
(7) Shri B. M. Sharma, -- Member
B-2, Neelsadan Apartments, [Appointed under section 22A of the Cost
1426, Sadashiv Peth, and Works Accountants Act, 1959]
Opp. Pune Vidyarthi Griha,
Pune-411030.
(8) Ms. Preeti Malhotra, -- Member
1 Prithviraj Road, [Appointed under section 22A of the
New Delhi 110011, Company Secretaries Act, 1980]
(9) Shri Shyam Agarwal, --Member
61, Luv Kush Nagar, [Appointed under section 22A of the
1st J p Underpass, Company Secretaries Act, 1980]
Sahkar Marg, Tonk Road,
Jaipur - 302015.
2. This notification shall come into force on the date of its publication in the Official Gazette.
[F. No. 12/15/2007-PI]
ANURAG AGARWAL, Jt. Secy.
Note:- The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section
(i) vide number GSR 835(E), dated the 3rd November, 2015 and subsequently amended vide notification number
G.S.R. 1130(E), dated the 13th December, 2016.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.