Student CA Final
227 Points
Joined October 2014
Anurag sir posted below answer for grace marks in May 2016 forum:
Generally grace mark is alloted to the student who is at the border but its ICAI .
Some other guys added to above coment:
ICAI will give grace marks to all students and particulary to that student who is at 198 marks he just need 2 more marks to clear the group. Surely they will not consider more grace marks for giving single subject exemption. Many of my friends failed at 59 marks but no body generally fails at 199 or 399 marks.
Read more at: /forum/details.asp?mod_id=364956&offset=8
I think grae marks are given to students who fail in individual subjects but would pass by adding grace mark in that subject along with whole group/groups.