In a notification issued late on Friday, the ICAI said that the decision to cancel the exam has been taken to ensure the well being of lakhs of students.
ICAI CA May 2020 Exam News: The Institute of Chartered Accountants of India (ICAI) has decided to cancel the Chartered Accountancy examination May 2020 due to prevailing situation amid the coronavirus pandemic in the country. In a notification issued late on Friday, the ICAI said that the decision to cancel the exam has been taken to ensure the well being of lakhs of students.
The ICAI further said that May 2020 examination will be held along with the November 2020 test.
“On a review of the developments and in order to ensure the interest of its students and their well being, the institute has decided to cancel May 2020 examinations and merge the May 2020 attempt with November 2020 examinations with due carry over of all benefits already available to students including fee paid and exemptions,” the ICAI said.
Candidates are advised to The students are advised to visit the ICAI’s official website – www.icai.org – for details regarding the November 2020 exam.
The ICAI, in a March 27 notification, had said that the CA exam which was originally scheduled to be be held from May 2-18, was rescheduled to June 19-July 4. But with the number of coronavirus cases increasing rapidly across the country, the examination has now been cancelled till November.
The institute had also allowed candidates to opt out of the examinations if they did not want to appear. However, some students objected to the move and approached the Supreme Court over the decision to set the window for opting out of examination from June 17 to 21. The ICAI was later directed by the apex court to extend the optout timeline till the last date of examination.