Relief For Students As ICAI Cancels Upcoming CA Exams 2020; Merges With Nov Exam

The Institute of Chartered Accountants of India (ICAI) has decided to cancel the upcoming CA exam due to rising coronavirus cases. It will now be merged with the exams scheduled in November 2020.

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New Delhi: After much deliberation, the Institute of Chartered Accountants of India (ICAI) has decided to cancel the exams scheduled from conducted from July 29 to August 16. The exam has now merged with November 2020 examination. According to a notification taken out by the institute on Friday, ‘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.’ It also said that the exams have been scheduled from November 1, ‘the students who have made an 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.’ On June 29, the apex court had observed that ICAI should be flexible in conducting exams amid the Covid-19 pandemic and take care of candidates' concerns. The apex court had asked the institute to extend its ‘opt-out’ facility to include all students irrespective of whether they selected the option earlier or not for the upcoming exams. The ICAI at the time had said that over 500 examination centres had been identified and sanitized properly. It added that out of around 3,46,000 registered aspirants, only 53,000 have taken the 'opt-out' option. On Thursday the ICAI informed that court that it would assess the feasibility of conducting CA exams.  The court had then scheduled another hearing for July 10. Several major decisions regarding exams were taken in the past few weeks, one of them was the cancellation of pending CBSE Board exam. According to the Board, the results will likely be declared by July 15.