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Consequences of not undergoing GMCS I

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Gaurav Tekchandani asked over 2 years ago

ICAI has issued notification that students who have not completed GMCS I within 1 yr of articleship should complete it before DECEMBER 2016. I m in second yr of articleship and haven't completed GMCS I yet. I 'm not in a plan to complete it before DECEMBER 2016 due to some obligations. What will happen if i don't complete it within the time frame given by ICAI? and wht remedy will i have then?

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2 Answers
Open uri20170510 32134 h540ea?1494421812 Chaitanya answered over 2 years ago

You have to do GMCS-1 before Dec,2016.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 sharan R answered over 2 years ago

Dear Anonymous, ICAI has famed CA course in such a way that certain things should be done within the prescribed time period so I recommend you to join GMCS 1 as soon as possible but there are also possibility that you would not get seat in the very next batch but ICAI has issued guidelines that you have to join GMCS 1 within 1yr but it is not compulsary to complete it within 1yr. But it should be completed within 2yrs or else you wouldn't be entitled to write CA final Examinations.

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Gaurav Tekchandani commented over 1 year ago

But where has ICAI written that if one does not undergo GMCS 1 within time prescribed he/she won't be allowed to write the Final exam. My final attempt is due in NOV '17 and i ll do it before that surely coz i know it has to be done before exam. But i want to know if i dont do it before DEC'16 but before filling form form Final exam, will it be ok?

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