CA November Exams 2020: ICAI Announces 'Opt-Out' Flexibility on Students’ Demand

Taking into consideration, a large number of requests from students and also the COVID-19 guidelines and safety measures to be adopted, ICAI has issued an Opt-Out scheme for students who have applied for the CA November exams, 2020.

Under this scheme, if you choose to opt-out, your candidature will be forwarded to the next CA Exams cycle, including the fees and the exemption, if any.

Also Read: ICAI Collaborates with IIM Ahmedabad to Introduce CA Courses; Check Details Here

ICAI Nov 2020 Exams-OPT-OUT Scheme for candidates or their family members suffering from Covid-19/residing in containment zones & subsequent carry forward of attempt to another exam cycle in Jan/Feb 2021 or to May 2021 attempt.
For details please visithttps://t.co/RRyxjWIP8g pic.twitter.com/FhXYgPNMjg

— Institute of Chartered Accountants of India - ICAI (@theicai) November 7, 2020

Also read - ICAI CA November 2020: Supreme Court heard plea on seeking SOPs

The ones who can avail of the opt-out scheme must categorize under these –

• If the student is COVID-19 positive or has any associated symptoms.
• If the candidate comes in contact with an infected patient or has a positive tested patient living around.
• If they reside in an area that is declared to be a containment zone by Central Government/ Local Authorities/ State Government.

In case the student falls under any of the above-mentioned categories at any time until the CA November exams 2020, the candidate is free to opt-out.

Also read - ICAI: Not possible to Conduct CA Exams 2020 Online

The circumstantial probabilities when you opt-out –

• If the student has appeared for a few papers in an individual group, and opts out, in that case, they will also have to reappear for the papers they had written. Adjusting papers of the same group will not be allowed.
• If the student has appeared for all the papers of one group and wants to opt-out for the other group, that case will be considered and the student can appear for that group in the next CA Exams cycle.
• If the student categorizes under the opt-out scheme, then he/she shall appear for the CA Exams May 2021 cycle. In case of this, they will have to apply afresh for the May exams.
• There might be some discretion in the fees if the candidate has applied for one group in the November 2020 exams and wants to appear for both the groups in May 2021 exams.

The candidates who seek to avail of the CA November exams 2020 opt-out scheme need to submit a declaration form that will be available on the official website icai.org from November 7, 2020.

Also read - ICAI Issues Guidelines For CA Examination November 2020; Read