Regards gmcs 1

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is it compulsary to complete gmcs1 in first year of articleship ? If i am not able to complete in first year then what would be the consequenses?
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Currently, no penal consequences have been prescribed by the ICAI for non-completion of GMCS-I within the stipulated time period.

However, extension has been given to the students to complete the same by 31.12.2016.

- ICAI Announcement, dated 01.01.2016 [View]

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