National Advisory Committee on Accounting Standards established to advise government on formulation and adoption of company accounting standards. Constitution of the National Advisory Committee on Accounting Standards establishes a time-limited advisory body to assist the Central Government in formulating and laying down accounting policies and accounting standards for adoption by companies or classes of companies, appointing a chairperson, institutional nominees and special invitees, and recording later substitutions to certain nominees.
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Provisions expressly mentioned in the judgment/order text.
National Advisory Committee on Accounting Standards established to advise government on formulation and adoption of company accounting standards.
Constitution of the National Advisory Committee on Accounting Standards establishes a time-limited advisory body to assist the Central Government in formulating and laying down accounting policies and accounting standards for adoption by companies or classes of companies, appointing a chairperson, institutional nominees and special invitees, and recording later substitutions to certain nominees.
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