Institute of Chartered Accountants of India (ICAI) propounded before the Supreme Court that the May cycle exams, condemned to be held in July-August amidst the COVID-19 pandemic, have been rescheduled till November 2020. Ramji Srinivasan, the lawyer appearing for the ICAI, contended before the apex court bench that the institute had decided not to organise the CA examinations this semester and added that it is likely to delay the same till November 2020. A two-judge bench headed by Justice Uday Umesh Lalit and also constituting Justice Sanjiv Khanna discarded of the plea after hearing the submissions of ICAI.

However, the apex court permitted the petitioner the liberty to make a representation to the ICAI for the persisting issues, if any. ICAI will have to conclude a decision on the same within four weeks. The apex court was hearing a petition filed by Anubha Shrivastava Sahai, the President of India Wide Parents Association, desiring orders to organise the exams at a huge number of centres amidst appropriate safeguard measures to prevent the spread of COVID-19. Lawyer Alakh Alok Srivastava had represented for the petitioner before the top court and was debating through video conferencing in the matter .

The plea also sought a prevail on the rejected scheme for around 3.46 lakh CA students, who were scheduled to attend in the May cycle exams, that was prior set to be conducted by the ICAI between July 29 to August 16. The ICAI had given its candidates, who had already submitted an online examination application for May 2020 Examination cycle, the option to drop out from May 2020 examinations and proceed their candidature to the next examination. The top court had earlier recommended the ICAI consider the students who are inadequate to appear for the exam to be considered an “opt-out case” even if they don’t choose the same.

(By- Vasundhara Dhar)