IN ICAI told the Supreme Court on Monday that this is the most favorable time for the CA exams as COVID-19 diffusion is now at a substantially low level, offering an opportune moment for professional accountants to pursue a professional career.
The CA exams, which are being held by the Institute of Certified Public Accountants of India (ICAI) in May, have been postponed due to COVID-19. pandemic and is now scheduled to take place from 5 to 20 July.
The ICAI told the higher court that the number of cases of COVID-19 is relatively low to date, and therefore it would be in the best interests of candidates if exams were held as scheduled rather than canceled or postponed.
The panel of judges AM Khanwilkar, Dinesh Maheshwari and Aniruddha Bose said that since it did not receive the ICAI note, it will consider the matter on Tuesday.
The higher court is considering a series of applications for various remedies, including possibility of refusal for candidates, the postponement of the exam and the increase in the number of centers this year.
At the outset, senior attorney Ramji Srinivasan representing ICAI said they had circulated a memo that, if taken into account, addresses some of the issues raised in the petitions.
Senior attorney Meenakshi Arora, speaking on behalf of one of the petitioners, said they are not asking for an extension but want more centers to be granted, as many of them have been unilaterally closed by ICAI.
The Judicial Committee said it would consider the matter on Tuesday and asked Srinivasan to brief him on the allegation raised by Arora.
The ICAI footnote states that the CPA exams are professional exams and should not be equated with the CBSE or other State Commission exams for grade 10 or 12 ″, and it is in the best interest of candidates to start their “professional lives and earn a livelihood”.
It states that ICAI has no interest in administering exams other than to protect the interests of budding CAs by ensuring that exams are held at the most appropriate and favorable time.
The ICAI also told the Supreme Court that whenever the risk was minimal, that court allowed examinations such as the Kerala and Bihar class 12 exams, which were held in April 2021 and February 2021, respectively.
Further, the 3rd wave of COVID-19 cases is expected only by September-October. The Institute of Company Secretaries of India and the Institute of Cost Accountants of India are planning to hold exams in August-September 2021.
“Many candidates come for 2 or more of these exams, so the three institutions conduct exams in a way that does not overlap. Therefore, since COVID is dynamic in nature, ICAI has a very narrow window for the exam in July 2021, ”it said.
The ICAI reported that CA exams are usually scheduled to take place in May, but due to the large number of cases at the time, it has postponed them and, after weighing all the factors, has now decided to hold exams this month when the number of COVID-19 cases is relatively low.
It says the current COVID situation in the country is similar to when this court authorized the ICAI to conduct exams in November 2020, and there is no reason to believe that it will not take adequate precautions.
Regarding the agreements, it stated that the average number of examinees in the examination room would be 12 and in any case no more than 50 percent of the room’s capacity. According to him, there will be 10,820 examination rooms in 847 centers, and the total number of examinees will be 3.74,230 people.
He also added that out of these 580 centers there are less than 200 candidates, 208 centers have 201-250 candidates, 58 centers have 251-300 candidates and one center has more than 500 candidates.
It states that candidates are very eager to participate in the exam, as out of 3,74,230 candidates, as of June 27, more than 2,82,000 candidates have downloaded their passes.
“It is clear that some candidates will be prohibited from appearing for exams, but this should not be allowed to jeopardize the aspirations of the majority of candidates,” the statement said.