ICAI announces Retrospective Restoration of Membership / COP
May, 15th 2020
The Institute of Chartered Accountants of India ( ICAI ) has announced the Retrospective Restoration of Membership / Certificate of Practice (COP) for the year 2019-2020.
The ICAI said that the sudden developments in regard to coronavirus pandemic in the country have resulted in an extended lockdown, since 22nd March 2020 by the Government of India. This lockdown brought with it restrictions on physical mobility and the availability of limited communication modes. This has resultantly led to a situation wherein many of ICAI stakeholders were unable to complete the requirements of making the application complete in all respects for submission of Membership/COP fees and retrospective restoration for the year 2019-2020 by the last date of 31st March 2020.
The ICAI also said that “To mitigate the hardships, the application(s) in Form 9 and Form 101 for the retrospective restoration of membership/certificate of practice complete in all respects and the applicable fee for the year 2019-2020 can now be submitted by filing until the midnight of 31st May 2020”.
The system modification is underway to accommodate this window and is expected to be available in your SSP login profile on the 20th of May 2020, the ICAI also added.
Meanwhile, Members who have not registered themselves till now on the New Self Service Portal are directed to do their one-time registration immediately by visiting https://eservices.icai.org. The step by step procedure about the registration process can be referred to here.