In a notification dated 3rd July 2020, the Institute of Chartered Accountants of India (ICAI) has announced that the examinations for May 2020 that were scheduled to be held in July 2020, have been cancelled. The session of May 2020 will now be merged with the session of November 2020.
The institute has previously provided the option of ‘opt-out’ to the students registered for the May 2020 session. The students were provided with a free will to choose between session May 2020 and November 2020.
The students choosing November 2020 would have been automatically shifted to the next session and would appear in the exams then, but now the institute has cancelled the exams for May 2020 for every student.
A notification issued by the institute dated 17th June 2002 provides with the FAQs (Frequently Asked Questions) for the conduction of July 2020 examinations, change in exam centres, procedure and through the operation of the opt-out scheme. The announcements dated 20th June 2020 and 26th June 2020 provided the extended dates for selecting the opt-out scheme.
The ICAI has said, “On a review of above developments and 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 a due carryover of all benefits already available to students including the fee paid and exemptions”.
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The notification further said that all the students who had applied and registered under the May 2020 will be provided with an option to change the group(s) of examinations when they will apply for the November session. The students are free to change and choose the groups for the November 2020 session.
“The students who have made application for May 2020 Examinations will have an option to change the group(s) of their appearance and center of Examinations at the time of making a fresh application for November 2020 Examinations, which, subject to conditions prevailing at the 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”, the notification read.
The decision was taken by the Institute as even though, Unlock1 has been started by the government, the number of Covid19 patients has not reduced and is multiplying day by day.
The cases were expected to decrease by the end of June 2020 but cases are still increasing so the institute decided to cancel the exams for the benefit of the students appearing.
The institute cleared, “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.”