The Institute of Company Secretaries of India (ICSI) declared the refusal of privilege allowed on the grounds of 60% or exceeding marks in the June 2019 session of the Foundation exam.
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“The Students of foundation stage who have been granted exemptions based on attaining 60% or more marks in June 2019 are hereby informed that the said exemptions stand cancelled with immediate effect as the same were valid for immediate next three examination Sessions, which ended with December 2020 examination (not eligible for June 2021 Session of examination),” the ICSI answered.