The news of a major relief for the students of Chartered Accountancy is coming out. On Monday, the Institute of Chartered Accountants of India (ICAI) suggested to consider those students who are not able to take the exam out of the opt out scheme. Benefit should be given even if those students have not opted for opt out.
A bench headed by Justice AM Khanwilkar and Justice Dinesh Maheshwari and Sanjeev Khanna was hearing a petition filed by Anubha Srivastava Sahay, chairperson of the India Wide Parents Association, seeking a stay on the "opt-out" scheme .
ICAI had given its candidates, who had already submitted an online examination application for the May 2020 examination, the option to opt-out of the May 2020 examinations and to pursue their candidature for the next examination. .
The apex court asked ICAI to issue new necessary guidelines, which included the suggestions put forward by the bench and posted the matter for further hearing till 2 July.
The bench said, "ICAI lawyers can take instructions and change the revised draft notification."
Supreme Court lawyer, Alakh Alok Srivastava, appeared before the court for the petitioner and was arguing the matter through video conferencing.
The petition called for more exam centers, a moratorium on the "opt-out" scheme and better precautions for about 3.46 lakh CA students from coronoviruses to appear in the May cycle exam from July 29 to 16 To be held between August.
Institute of Chartered Accountants of India (ICAI) lawyer Ramji Srinivasan informed the court that if any candidate sent an email to the institute about inability to appear for the exam due to Kovid-19 status, they would not question it will do. He further added, "This is a group of 4-4 examinations. They can appear on the date after Kovid is affected."
The apex court told the Institute of Chartered Accountants of India, "Instead of being harsh when making decisions for students, you should give relief. Show some concern for these students. You are a professional institution. You should take care of your candidates." The institute had recently filed an affidavit before the Supreme Court in this case.