Delayed gmcs completion

I have faced same kind of problem, my articleship was started on 8.6.12 & my GMCS batch will be start on 25.5.13 which means i am unable to complete my GMCS before 7.6.13, ply say anyone what kind of penalty will be imposed by the institute for non completion of GMCS before completion of 1yr articleship.

I am in direct entry scheme. I am in 1st year of articleship. I am not compeleted my GMCS-1 and if i complete my GMCS-1 after 1 year of articleship then what be the cause????   

Sub: Extension of time to complete GMCS-I Course by the students registered for articleship training on or after 1st May, 2012

  Dear Colleague,

 It has been decided to grant extension to students, who were registered for practical training on or after 1st May, 2012 and completed one year of their practical training but not completed the GMCS-I course are required to complete  GMCS-I Course latest by 30th September, 2014.

The above students are advised to register at the portal www.icaionlineregistration.org  or contact the nearest Regional Council/Branch for registration in GMCS-I Course and complete the same at the earliest but not later than 30th September, 2014.

You are requested to give due publicity to this matter by publishing it in your newsletter/hosting it at your website etc., so that the above category of students who have not  completed the GMCS-I within the specified period could availed of this opportunity and undergo the training timely but not later than 30th September, 2014.

Your’s faithfully.

CA. M. Devaraja Reddy

Chairman, Board of Studies

For students registered for articles after may 1 2012 - 

can gmcs 2 be completed after completeion of articleship and after appearing for final exams , since GMCS 1 was completed within 1 year of articleship ?

I completed my ipcc group 1 in may 2013 and registeresd for articleship on 11/12/2013 and i have not completed my GMC till.  what are conseques for not completing my GMC with in given time