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ICSI gives clarification regarding Opt-Out Facility

Posted on 21 December 2020,    
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The Institute of Company Secretaries of India has made an announcement giving clarification regarding the Opt Out Facility and the eligibility criteria for the same. Read the official announcement below:

Attention Students!

Clarification regarding “Opt-Out Facility”

Institute has received various queries from students regarding “Opt-Out Facility” given to carry forward from Dec 2020 to June 2021 exam session vide Announcement issued dated 20th December 2020.

In view of the above, it is clarified that opt-out/ partial opt-out option shall be provided to all students as per details given in Institute’s Announcement dated 20th December 2020.

The said facility shall not be available to a student who has appeared in all the papers for all the modules for which he/she is enrolled.

For more clarity, the same is illustrated in the table given below:

Sl. No.

Enrolled for Dec 2020

Appeared

Eligibility for Opt-Out

1.

Only one module

Appeared in all papers

Not Eligible

Not appeared in all papers of module or appeared in few papers but not completing the  entire module

Eligible

2.

Two modules

Appeared in all papers of Two modules

Not eligible

Appeared in all papers of any one module completely

Eligible to take opt-out for other module (in which not appeared)  Or

Can Opt-Out for both modules

Not appeared in all papers of both modules or appeared in few papers but not completing  any of the module entirely

Can Opt-Out for both modules

3.

Three modules

Appeared in all papers of the three modules

Not eligible

Appeared in all papers of any one module completely

Eligible to take opt-out for other two modules (in which not appeared)  Or

Can Opt-Out for all three modules

Appeared in all papers of any two modules completely

Eligible to take opt-out for other module (in which not appeared)  Or

Can Opt-Out for all three modules

Not appeared in all papers of all three modules or appeared in few papers but not completing any of the module  entirely

Can Opt-Out for all three modules

Directorate of Student Services
The Institute of Company Secretaries of India

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