Chennai: The Institute of Chartered Accountants of India or ICAI, the professional body which regulates the Chartered Accountants (CA) exams in the country, has decided to cancel May 2020 examinations and merge the May 2020 attempt with November 2020 examinations.
It said that the CA aspirants who had registered for the May exams will be able avail due carryover of all benefits already available to students including fee paid and exemptions.
The CA May exams were postponed in the wake of Covid-19 outbreak and was later scheduled to be held in July and August.
According to an official statement, ‘…in order to ensure the interest of its students and their well-being, the Institute has decided to cancel May 2020 Examinations and merge the May 2020 attempt with November 2020 Examinations, with due carryover of all benefits already available to students including fee paid and exemptions.
The students who have made application for May 2020 Examinations will have an option to change the group(s) of their appearance and centre of Examinations at the time of making a fresh application for November 2020 Examinations, which, subject to conditions prevailing at relevant time, will start from 1st November 2020.
It is again clarified that in this schema, the students will be free to exercise the options afresh for the groups that they intend to appear in the November 2020 examinations.’
ICAI further said, ‘Ministry of Home Affairs, Government of India vide its Guidelines dated 29th June 2020 has extended the closure of all schools & academic Institutions and academic congregations till 31st July 2020. Select State Governments have put extended prohibitions in their respective States.
Post the said Notification dated 29th June 2020, many Schools/ Academic Institutions have expressed their inability to provide their premises to conduct the Examinations.’