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« ICAI elects New Torch-Bearers for the year 2017-18... | Exposure Draft of the Ind AS-compliant Schedule III to the... » |
Condonation of Breach of Regulation 65 & 78 - Non submission of Form 112 |
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February, 13th 2017 |
ANNOUNCEMENT
Condonation of Breach of Regulation 65 & 78 Non submission of Form 112
The Council of the Institute has decided to condone the delay in submission of Form 112
for having pursued additional / other course of study along with articleship through
correspondence mode of study or by attending regular classes provided there was no
clash/overlapping between working hours of Principal's office and the College timings by
taking a liberal view of the lapse on the part of the students concerned as an amnesty
measure on payment of Rs. 5,000/- as condonation fee. This concession will be available
for a period of nine months from the date of issue of this announcement.
Accordingly, it is hereby announced for information of all concerned that the students /
articled assistants who have not yet taken permission for pursuing a course of study
whether academic or professional along with articleship are advised, in their own interest,
to seek ex-post facto permission of the Council by submitting Form 112 along with payment
of Rs. 5,000/- as condonation fee. The Form 112 which can be downloaded from
www.icai.org should be submitted along with requisite fee to the concerned Regional Office
of the Institute within a period of nine months from the date of this announcement.
It may be noted that no request for condonation of breach of Regulation 65 & 78 for delay
in submission of Form 112 will be considered after nine months i.e the expiry of the
aforesaid period of nine months.
It is also notified that wherever any statement made by a student or member is found to
be false or varying with the facts discovered during the scrutiny process or later at any
stage, the student and/ or member concerned will be liable to be proceeded with in
accordance with the provisions of the Chartered Accountants Act, 1949 and Rules/
Regulations framed thereunder.
Secretary
Date: 10th February, 2017
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