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THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NOTIFICATION New Delhi, the 14th September, 2020 No.1-CA(7)/195/2020.The following draft of certain regulations further to amend the Chartered Accountants Regulations, 1988, which the Council of the Institute of Chartered Accountants of India proposes to make, is hereby published, as required by sub-section (3) of section 30 of the Chartered Accountants Act, 1949 (38 of 1949) for the information of all persons likely to be affected thereby
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FAQ :
These are proposed new regulations that will amend the existing Chartered Accountants Regulations of 1988. They will come into force on the date of their final publication in the Official Gazette.
A person applying for membership more than three years after passing the final examination will need to appear for and pass an assessment approved by the Council, in addition to complying with other regulations.
Individuals applying to have their name restored to the Institute's register after it has been removed for three years or more will be required to pass an assessment approved by the Council.
You can submit any objections or suggestions to the Council of the Institute of Chartered Accountants of India. These must be sent to the Acting Secretary at the specified New Delhi address within 45 days of the draft regulations being made available to the public in the Gazette of India.
The draft regulations will be considered after 45 days from their publication. They will come into force on the date of their final publication in the Official Gazette.
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Source : http://egazette.nic.in/WriteReadData/2020/221720.pdf