F. No. 2/19/2011-CL-V Ministry of Corporate Affairs
Subject : – Constitution of Companies Law Committee
The Government hereby constitutes a Companies Law Committee consisting of the following : –
|Name of Person/Institution||Position|
|Secretary, Ministry of Corporate Affairs||Chairperson|
|Ms. Reva Khetarpal, former Judge, Delhi High Court||Member|
|Sh. Manoj Fadnis, President, The Institute of Chartered Accountants of India||Member|
|Sh. Atul H Mehta, President, The Institute of Company Secretaries of India||Member|
|Dr. A.S. Durga Prasad, President, The Institute of Cost Accountants of India||Member|
|Shri Bharat Vasani, Chief Legal Group General Counsel, Tata Sons Ltd, Industry nominee||Member|
|Shri Y.M. Deosthalee, Chairman, L & T Finance Holdings, Industry nominee||Member|
|Joint Secretary (Policy), Ministry of Corporate Affairs||Member- Convener|
2. The Committee may invite or co-opt subject matter experts relating to corporate law or any other subject matter, as well as experts from SEBI, RBI, C & AG as needed. The Committee may also invite any other person or body in the interest of broad-based consultation.
- The terms of reference of the Committee are as follows:
(i) to make recommendations to the Government on issues arising from the implementation of the Companies Act, 2013 and
(ii) to examine the recommendations received from the Bankruptcy Law Reforms Committee, the High Level Committee on CSR, the Law Commission and other agencies, while undertaking (i) above.
4. Non-official members of the Committee will be eligible for travelling, conveyance and other allowances as per extant Government instructions, wherever the sponsoring agency is unable to bear their expenditure. Secretarial support to the Committee will be given by the Ministry of Corporate Affairs.
5. The Committee shall submit its recommendations within six months of its first meeting.
Director, Inspection and Investigation
Phone: 2338 9602
The Members of the Committee Copy also to:-
(i) PS to CAM
(ii) Sr. PPS to Secretary
(iii) PS to AS
(iv) PSs to JS(M), JS(B), JS(SP), JS(K)
(v) All RDs/ROCS/OLs
(vi) President ASSOCHAM/FICCI/CII (vii)Guard File
(viii) Website of the Ministry