Public Interest Litigation in short PIL filed against ICAI in Supreme Court regarding the opt-out scheme. Among more than 4.5 Lakhs CA aspirants, those who chose “opt-out” clearly know that they can not appear for May 2020 examination.
The Institute Of Chartered Accountant(ICAI) issued a notification regarding the “opt-out” scheme on 15th June. Candidates/Students who chose “opt-out” can not sit for the May 2020 examination irrespective of the situation regarding the Pandemic by COVID-19.
However, a PIL filed against ICAI in Supreme Court, yeah you read it right, a PIL has been filed before the Apex Court of India by Alakh Alok Srivastava against ICAI. He believes that “opt-out” is discriminatory, arbitrary, and violates the Fundamental Rights.
He files a complaint on behalf of the ‘India Wide Parents Association’, claiming, there should be at least one center in every district of India to take the exam. There are a total of 259 examination centers all over India and 5 overseas centers.
PIL filed against ICAI in Supreme Court based on the Right to Equality, Alok believes that the opt-out scheme is arbitrary and discriminates towards underprivileged students. Alok believes, choosing an opt-out scheme is straight forward discrimination to those underprivileged students who reside in containment zones/red zones or students of remote areas.
Why PIL filed against ICAI in Supreme Court?
Thus they lose a precious attempt and drift away from becoming a Chattered Accountant by choosing the “opt-out” scheme, which is why PIL filed against ICAI in Supreme Court.
In case, if you are a student of CA Foundation then it is obvious to you that only the Institute’s material is not sufficient enough because of the rigid language and complexities of the language of the law. Reference and practice books are a must for passing the CA Foundation exam. Your studies are hampered by this opt-out scheme and PIL filed against ICAI in Supreme Court.
So to focus on enhance your efficiency in your preparation our team of experts has sorted the best books amongst the best reference books only for you. You can click below and see the best reference books for the upcoming CA Foundation exam. Book For CA Foundation 2020.
Some students may think the opt-out scheme is depriving them of becoming Chattered Accountant others may take this scheme as a precaution from COVID-19. You may assume that one of the hidden motives behind the PIL filed against ICAI in Supreme Court is to cancel the examination of this attempt.
As per the former notification, the opt-out date was 17th June to 20th June but it was extended till 27th June, and right now the current opt-out date is till the midnight of 30th June.
Many Intermediate CA aspirants have requested us to shed some light on their situation of the upcoming exam of 29th July. As the petition is filed and if the Supreme Court says not to conduct any exam then there will be no examination. The motive of the PIL filed against ICAI in the Supreme Court is not to postpone or cancel the examination but to bring justice against the discrimination of underprivileged students.
However the matter is in the hands of the Apex Court of India, let’s hope for the best. You can click below and see the best reference books for the upcoming CA Intermediate exam.
Note: some of the above information is from a third-party initiative. Readers are fully able to derive their opinion from the respective article written above. PIL indeed filed against ICAI in Supreme Court. Though the writer or the Team of Enggbaba is not responsible for any information that is misinterpreted in this article.