Constitution of Companies Law Committee

F. No. 2/19/2011-CL-V

Ministry of Corporate Affairs

Government of India

˜A™ Wing, 5th Floor, Shastri Bhawan

New Delhi 110 001

Dated 04th June, 2015


Subject : Constitution of Companies Law Committee

The Government hereby constitutes a Companies Law Committee consisting of the following :

S. No.

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.

3.    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.

(Alok Samantrai)

Director, Inspection and Investigation

Phone: 2338 9602


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