Wrong step by icai

CA 1727 views 5 replies
tell one thing all of u if any of u hav read the recently notification issued by ICAI seriously, besides articleship stipend increase it also states increase in inspection of certified copies and inspection.
The text goes as -
In regulation 39 of the said regulations, in sub-regulation (4), -
(a) in clause (i) for the words “rupees five hundred”, the words “rupees two
thousand five hundred” shall be substituted
(b) after clause (iii), the following proviso shall be inserted, namely:-
“Provided that where a candidate is required for the purpose of passing to
obtain section-wise minimum prescribed marks, section-wise marks shall be
supplied.”
 
After regulation 39 of the said regulations, the following regulation shall be inserted,
namely:-
39A. Inspection or supply of certified copy of evaluated answer book.- Inspection
of an evaluated answer book or supply of a certified copy of an evaluated answer
book or both in any particular paper or papers of any examination conducted under
these Regulations shall be made to a candidate, in accordance with the norms as
may be decided by the Council from time to time, on his submitting an application, in
such manner and within such time as may be decided by the Council, along with
such fee as may be fixed by the Council which shall not exceed rupees five thousand
in the case of inspection of answer book and rupees eight thousand in case of supply
of certified copy of evaluated answer book.
 
The old text of Chartered Accountants Regulations 1988  point no-39 (updated as on 1st July 2013) is-
(4)(i) Information as to whether a candidate’s
answers in any particular paper or papers
of any examination have been examined
and marked shall be supplied to the
candidate on his submitting within a month
of the declaration of the result of the said
examination, an application, accompanied
by a fee as may be fixed by the Council
which shall not exceed rupees five hundred
in any case.]

Is this true or i am interpreting notification wrongly ?
 
Replies (5)

If its true.... Then I believe its high tyme that we as students should raise our voice against ICAI...... It seems ICAI has become a profit motive institution..... 

NOW AS ICAI IS INCREASING THE REVALUTION FEES AND "ALSO CONTROLLING THE RESULTS" I WILL NOT RECOMMEND THIS COURSE TO ANYBODY..............
 

Hi guys, ICAI hasnt actually increased the verification fee yet. It is just that it raised the maximum amount upto which verification fee can be charged. The maximum limit which was Rs.500 earlier is now hiked up to Rs.2500. ICAI may follow it up with a corresponding increase in the actual fee too. But until and unless it happens, I dont think it is right to criticize the Institute.

Actually ICAI want to demotivate students to know their mistakes.. not appreciated move. .
Originally posted by : CA.Sumit R. Soni
Actually ICAI want to demotivate students to know their mistakes.. not appreciated move. .

Sir but i am still confused as to whether i am correctly interpreting the textfrown


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