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The Institute of Chartered Accountants of India has released a notification with respect to the application/renewal of membership of ICAI. As per the amended regulations, a person who makes an application for membership of the Institute after a period of three years or more from the date of his pass
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FAQ :
Individuals applying for ICAI membership more than three years after passing their final examination will need to pass a new assessment approved by the Council.
Yes, the draft regulations state that a person applying for restoration of their name after three or more years from the removal date will also need to pass an assessment.
The draft regulations were published on 14th September 2020.
Objections or suggestions can be sent to the Council of the Institute of Chartered Accountants of India within 45 days of the draft regulations being made available to the public.
The proposed amendment is called the Chartered Accountants (Amendment) Regulations, 2020.
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