Quick Summary
In the view of COVID-19 outbreak, ICAI made an announcement for students pursuing articled training. The Institute announced that period of absence from articleship arising due to lockdown will be counted as being on articleship period.Matters related to timing and manner of payment of stipend in the intervening period arising out of the lockdown, may be mutually decided between the principal and the article assistant. Here is the official announcement: COVID -19: Important
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FAQ :
The ICAI has announced that the period of absence from articleship due to the COVID-19 lockdown will be counted as being on articleship training.
No, students undergoing articled training who are appearing for the May 2020 and subsequent examinations need not worry about losing any period not served during the lockdown.
Matters related to the timing and manner of stipend payment during the lockdown period may be mutually decided between the principal and the article assistant.
The announcement is for students who are already registered and undergoing articled training.
The announcement is in view of the COVID-19 outbreak and the resulting lockdown which has led to the closure of offices and limited feasibility of in-person articleship training.
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