I have registered for article training in October 2014 is there any compulsion for me to complete my GMCS within 1 year of my articleship training.
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Gmcs training
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Students registering for articleship on/after 01.05.2012, needs to do GMCS-I during 1st year of articleship and GMCS-II after completion of 18 months of articleship but before completing the same.
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Though you should do the GMCS as per prescribed timeline but ICAI has not announced any adverse consequences yet, if a student misses the time limit. In the past, they have only extended the deadline twice and there hasn’t been any update after that.
ICAI has now extended the GMCS-I date up to 31.12.2015 - click here
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