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Companies Act 2013

A brilliant analysis of the historical perspective and events leading to the Companies Act 2013 was presented by Mr. B.D. Gupta, former President, J M Morgan Stanley Ltd. and Director (Finance), IndianOil during his Inaugural Address at a Workshop on the subject at New Delhi on May 15, 2015. It was organised by PetroFed in knowledge partnership with member company KPMG on ‘Companies Act 2013, Ind AS & ICDS : Catching up with the Developments’. The subject was comprehensively covered in three technical sessions.

The Theme Address was delivered by Mr. Ashish Aul, Partner, KPMG who highlighted the significance of the developments and set the tone and tenor for the day-long proceedings.

Mr. Kaushal Kishore, Partner in the Audit division in BSR & Cos. led the first technical session on the recent updates and financial reporting under Companies Act 2013. He was assisted in the later half by Mr. Ashish Bansal, Director, BSR & Co.

Mr. Pravin Tulsyan, Partner, BSR & Co. addressed issues pertaining to Ind AS in the second technical session.

The third technical session was addressed by Mr. Mradul Sharma, Director, KPMG who covered the issues of Income Computation and Disclosure Standards.

The workshop helped in clarifying several doubts engaging the attention of industry members and resulted in intense interactions with the experts.

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Mr. B. D. Gupta, former President, JM Morgan Stanley Ltd. & Director (Finance), IndianOil (right) being greeted by Mr. A. K. Arora, Director General, PetroFed (center) with a bouquet of flowers. Also seen in the picture is Mr. Ashish Aul, Partner, KPMG.

Mr. Ashish Aul, Partner, KPMG being welcomed by Mr. A. K. Arora with a bouquet of flowers.

Mr. Ashish Aul delivering theme address.

Mr. B. D. Gupta delivering inaugural address.

Mr. A. K. Arora presenting a memento to Mr. B. D. Gupta.

Mr. A. K. Arora presenting a memento to Mr. Ashish Aul.

Mr. Kaushal Kishore, Chartered Accountant making his presentation during Technical Session-1.

Participants keenly watching presentation.

Mr. Ashish Bansal, Chartered Accountant sharing his perspective.

Mr. Pravin Tulsyan, Chartered Accountant making his presentation during Technical Session-2 on ‘Ind AS’.

Mr. Mradul Sharma, Director, KPMG making his presentation during Technical Session-3 on ‘Income Computation and Disclosure Standards’.