ICAI CA Exam 2021 latest updates: The matter of Institute of Chartered Accountants of India (ICAI) CA Exam 2021has reached the Supreme Court. As per the schedule released by ICAI the exam is going to start from 05th July. Admit cards have been issued. But whether the examination will be held on time or not, the answer has not been found. Thousands of candidates from all over the country are demanding necessary changes in the exam. In this context, about 6000 candidates have also written a letter to Prime Minister Narendra Modi.

ICAI CA Exams

Many demands have been made in the petition filed by CA students in the Supreme Court –

  1. The First Demand – The Examination Should Be Postponed.
  2. Second Demand – For The Old Course, One More Attempt Should Be Given For Ca Inter Exam And Ca Final Exam.
  3. Third Demand – The Option To Opt Out Of The Exam Should Be Kept Open To All The Students.
  4. Fourth Demand – The Number Of Examination Centers Should Be Increased. At Least One Examination Center Should Be Set Up In Every District.
  5. Fifth Demand – Admit Card Can Be Used As An E-Pass For The Examination. ICAI Should Make Arrangements For The Travel And Accommodation Of The Students To Reach The Exam Centre.

It is to be noted that ICAI has given an opt-out option for the CA exams of the May 2021 cycle. But many conditions are applicable in this. Only the students who fulfill the conditions can avail of the opt-out option and appear in the examination in November 2021 instead of July.

As Per the schedule, the CA Inter and Final Exams are to be held from 05 July to 20 July. Whereas CA Foundation Exam 2021 is going to be conducted from July 24 to July 30. The Supreme Court was scheduled to hear all the demands on June 28. But it has been postponed to Tuesday, June 29.

The Supreme Court on Tuesday (June 29) said that it will not pass any direction to postpone the Chartered Accountancy (CA) examinations which are scheduled to begin in July. However, the Supreme Court asked the Institute of Chartered Accountants of India (ICAI) to allow an “opt-out” scheme for students who could not take the exam due to the COVID-19 situation. A bench headed by Justice AM Khanwilkar said it was not inclined to stop the examination.

The top court said that ICAI can conduct the examination. Supreme Court asks ICAI to consider the opt-out option for students who are COVID infected or have a post-Covid effect. The court asked the ICAI to nominate the authority that can certify a candidate that there are issues related to corona for opting out. ICAI has said that it will implement the suggestions of the Supreme Court.
Earlier in the day, the apex court asked the Institute of Chartered Accountants of India (ICAI) to look into “all angles” and consider it to be a competent authority to certify that the CA examinations to be held in July have a The candidate is unable to appear due to COVID-19 related issue.

The court was hearing petitions seeking various reliefs including the opt-out options for candidates, postponement of exams, and an increase in the number of centers this year.

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