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Important News for CA Final Passout

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)

08 February 2010

Dear All

This Message is for All the Persons who had PASSED THEIR CA FINAL EXAMS & NOT YET TAKEN THE MEMBERSHIP.

ICAI likely to bring a notification this week, which may includes that a person who had cleared their CA FINAL & not yet take their membership, can take the membership till 31ST MARCH,2010.

After 31st March, for taking the membership of ICAI, they have to Clear 1 Exam.

Those who had not taken yet, take it within time.

--
Thanks & Regards

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13 Replies

ISHA (CA) (103 Points)
Replied 08 February 2010

THANK YOU SIR

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Vivek (Finally passed CA Final...!!!!!) (1097 Points)
Replied 08 February 2010

Thank you Sir.... But no information about this in ICAI site yet....? MY GMCS batch starts on March 11th... I think it will end by March end... Is it possible to apply for membership pending GMCS...?

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
Replied 08 February 2010

There is no much clarity on the exam pattern but better to apply for Membership as soon as possible. In any case this is gonna help us in future.

I did it as soon as i cleared my CA Final & Articleship.

:) cheers :)

Vivek (Finally passed CA Final...!!!!!) (1097 Points)
Replied 08 February 2010

Hi Prakash Sir, Can i apply for membership pending GMCS...?

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
Replied 08 February 2010

I got this info from one of my friend who got this info from a Partner of CA firm. ICAI is now a days doing lot of efforts to encourage students to apply for membership.

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CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
Replied 08 February 2010

Hi Vivek, Answer to your query.

Eligibility Criteria

The applicant should have:

(a) Completed the prescribed period of 3 years / 3 years and 6 months articled training or 4 Years and 6 months audit training as applicable;

(b) Passed the C.A. Final Examination Both Groups;

(c) Undergone course on General Management and Communication skills. (Applicable to candidates passing of Both Groups of Final C.A. Examination held in May 2003 and thereafter.)

(d) Should not posses any of the following disabilities:

(i) Not attained the age of 21 years.

(ii) Unsound mind and stands so adjudged by a Competent Court.

(iii) Undischarged insolvent.

(iv) Being discharged insolvent, has not obtained from the Court a certificate that his insolvency was caused by misfortune without any misconduct on his part.

(v) Convicted by a Competent Court, of an offence involving moral turpitude committed by him in his professional capacity unless pardoned or the Central Government has removed the disability.

CA CS CIMA Prakash Somani (Landmark Group) (23502 Points)
Replied 08 February 2010

So the answer to your query is NO.

1 Like

Vivek (Finally passed CA Final...!!!!!) (1097 Points)
Replied 08 February 2010

Ok... Thanks a lot sir.

1 Like

Barkha (Professional) (68 Points)
Replied 08 February 2010

Thanks for information

Dinesh Kumar -Hamirpur -HP ( Audit Assitant in shimla) (60 Points)
Replied 08 February 2010

THANKS SIR BUT NEW IS VERY BAD FOR NEXT BATCH.THANKS FOR INFORMATION

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CA Ravi Sisodia (CA,CS,CMA) (32226 Points)
Replied 08 February 2010

another exm for becoming member of ICAI, surprise news.

1 Like

CA Parag Jani (BCom CA DISA Forensic Auditor) (288 Points)
Replied 09 February 2010

I had an interaction with the President, ICAI, Mr. Uttam Prakash Agarwal yesterday on this issue when he visited my city for inauguration of Branch of ICAI. He made it clear that ICAI is surely gonna introduce one additional exam for students who have qualified the final exams but had not opted for membership yet. However, he said that such requirement of additional exam will be applicable to those who do not opt for membership for a period of 3(THREE) years after passing their finals & becoming eligible for membership. So I think we should wait for the proper notification in this regard.