Home India Ministry of Corporate Affairs In exercise of the powers conferred by sub section 3 of sect...
Date: 2018-11-28 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub section 3 of section 132 of the Companies Act,

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

This notification from the Ministry of Corporate Affairs, dated November 28, 2018, announces the appointment of Shri Rangachari Sridharan as the Chairperson of the National Financial Reporting Authority (NFRA), effective October 1, 2018. This appointment, made under Section 132(3) of the Companies Act, 2013, is for a term of three years or until the incumbent reaches the age of sixty-five, whichever is earlier. The terms and conditions of service are governed by the National Financial Reporting Authority Manner of Appointment and other Terms and Conditions of Service of Chairperson and Members Rules, 2018. The office order number for this appointment is NFRA0522018NFRA MCA, dated October 1, 2018. The notification also announces the appointment of Dr. Prasenjit Mukherjee as a full-time Member of the NFRA, effective October 3, 2018, also for a period of three years or until the age of sixty-five, whichever is earlier, and under the same terms and conditions as the Chairperson. This notification also falls under Section 132(3) of the Companies Act, 2013, with the same office order number. The Joint Secretary, K.V.R. Murty, signed both notifications, filed under F. No. 5/22018-NFRA.

Key Entities Referenced

Companies Act, 2013: A law enacted by the Parliament of India, providing the legal framework for the incorporation, regulation, and winding up of companies. Ministry of Corporate Affairs: A ministry in the Government of India responsible for the administration of the Companies Act 2013 and other related laws and regulations. New Delhi: The capital city of India, where the notification was issued. National Financial Reporting Authority (NFRA): An regulatory body in India responsible for overseeing the auditing profession and enforcing accounting and auditing standards. Rangachari Sridharan: Appointed as the Chairperson of the National Financial Reporting Authority (NFRA). National Financial Reporting Authority Manner of Appointment and other Terms and Conditions of Service of Chairperson and Members Rules, 2018: Rules governing the terms and conditions of service for the Chairperson and Members of the National Financial Reporting Authority (NFRA). Prasenjit Mukherjee: Appointed as the full time Member of the National Financial Reporting Authority (NFRA). K.V.R. Murty: Joint Secretary in the Ministry of Corporate Affairs.
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jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (ii) PART II—Section 3—Sub-section (ii) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 4627] ubZ fnYyh] cq/okj] uoEcj 28] 2018@vxzgk;.k 7] 1940 No. 4627] NEW DELHI, WEDNESDAY, NOVEMBER 28, 2018/AGRAHAYANA 7, 1940 ककककााााररररपपपपोोोोररररेेेेटटटट ककककाााायययय (cid:10)(cid:10) (cid:10)(cid:10)ममममं(cid:13)ं(cid:13)ं(cid:13)ं(cid:13)ााााललललयययय अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:4)द(cid:6)ली, 28 नव(cid:10)बर, 2018 ककककाााा....आआआआ.... 5555888844448888((((अअअअ)))).—क(cid:13)(cid:14)ीय सरकार, कंपनी अिधिनयम, 2013 (2013 का 18) क(cid:20) धारा 132 क(cid:20) उपधारा (3) (cid:22)ारा (cid:23)द(cid:24) त शि(cid:28) तय(cid:29) का (cid:23)योग करते !ए, काया#लय आदशे सं&या एनएफआरए-05/2/2018- एनएफआरए-एमसीए, तारीख 01 अ+ूबर, 2018 (cid:22)ारा 0ी रंगाचारी 0ीधरण को, 1 अ+ूबर, 2018 (अपरा3न) से तीन वष# क(cid:20) अविध के िलए या पदधारी के प6सठ वष# क(cid:20) आयु (cid:23)ा9 करने तक, इनम(cid:13) से जो भी पूव#तर हो, रा?ीय िव@ीय AरपोBटग (cid:23)ािधकरण के अDयE के Fप म(cid:13) िनयु+ करती ह ै। 2. अDयE, रा?ीय िव@ीय AरपोBटग (cid:23)ािधकरण के सेवा के िनबंधन और शतI रा?ीय िव@ीय AरपोBटग (cid:23)ािधकरण (अDयE और सदKय(cid:29) क(cid:20) िनयुि+ क(cid:20) रीित और सवे ा के अLय िनबंधन और शतI) िनयम, 2018 (cid:22)ारा शािसत ह(cid:29)ग े । [फा. सं. 5/2/2018-एनएफआरए] के.वी.आर. मूOत, सयं ु(cid:28) त सिचव MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 28th November, 2018 S.O. 5848(E).—In exercise of the powers conferred by sub-section (3) of section 132 of the Companies Act, 2013 (18 of 2013), the Central Government vide office order No. NFRA-05/2/2018-NFRA- MCA dated 01st October, 2018 appointed Shri Rangachari Sridharan as the Chairperson, the National 6879 GI/2018 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] Financial Reporting Authority (NFRA), with effect from the 1st October, 2018 (afternoon) for a period of three years or till the incumbent attains the age of sixty-five years, whichever is earlier. 2. The terms and conditions of service of the Chairperson, NFRA shall be governed by the National Financial Reporting Authority (Manner of Appointment and other Terms and Conditions of Service of Chairperson and Members) Rules, 2018. [F. No. 5/2/2018- NFRA] K.V.R. MURTY, Jt. Secy. अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:4)द(cid:6)ली, 28 नव(cid:10)बर, 2018 ककककाााा....आआआआ.... 5555888844449999((((अअअअ)))).—क(cid:13)(cid:14)ीय सरकार, कंपनी अिधिनयम, 2013 (2013 का 18) क(cid:20) धारा 132 क(cid:20) उपधारा (3) (cid:22)ारा (cid:23)द(cid:24) त शि(cid:28) तय(cid:29) का (cid:23)योग करते !ए, काया#लय आदशे सं&या एनएफआरए-05/2/2018- एनएफआरए-एमसीए, तारीख 01 अ+ूबर, 2018 (cid:22)ारा डॉ. (cid:23)सSजीत मुखजT को, 3 अ+ूबर, 2018 (पूवा#3न) से तीन वष# क(cid:20) अविध के िलए या पदधारी के प6सठ वष # क(cid:20) आयु (cid:23)ा9 करन े तक, इनम (cid:13) से जो भी पूव#तर हो, रा?ीय िव@ीय AरपोBटग (cid:23)ािधकरण के पूण#कािलक सदKय के Fप म(cid:13) िनयु+ करती ह ै। 2. सदKय, रा?ीय िव@ीय AरपोBटग (cid:23)ािधकरण के सवे ा के िनबंधन और शतI रा?ीय िव@ीय AरपोBटग (cid:23)ािधकरण (अDयE और सदKय(cid:29) क(cid:20) िनयुि+ क(cid:20) रीित और सवे ा के अLय िनबंधन और शतI) िनयम, 2018 (cid:22)ारा शािसत ह(cid:29)ग े । [फा. सं. 5/2/2018-एनएफआरए] के.वी.आर. मूOत, सयं ु(cid:28) त सिचव NOTIFICATION New Delhi, the 28th November, 2018 S.O. 5849(E).—In exercise of the powers conferred by sub-section (3) of section 132 of the Companies Act, 2013 (18 of 2013), the Central Government vide office order No. NFRA-05/2/2018-NFRA- MCA dated 01st October, 2018 appointed Dr. Prasenjit Mukherjee as the full time Member, the National Financial Reporting Authority (NFRA), with effect from the 3rd October, 2018 (forenoon) for a period of three years or till the incumbent attains the age of sixty-five years, whichever is earlier. 2. The terms and conditions of service of the Member, NFRA shall be governed by the National Financial Reporting Authority (Manner of Appointment and other Terms and Conditions of Service of Chairperson and Members) Rules, 2018. [F. No. 5/2/2018- NFRA] K.V.R. MURTY, Jt. Secy. 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.

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