20 October 2012
sir,, i want to ask that if articleship form103 has not been submitted withn 30 days then how late fee of rs 100 been deposited to institute ? whether it is paid by demand draft of rs 100 or in cash ?
20 October 2012
The requests for condonation should be accompanied by the appropriate forms, along with prescribed fee, by way of Demand Draft/Local Account Payee Cheque, drawn in favour of The Secretary, The Institute of Chartered Accountants of India, payable at the cities where the Decentralised Offices of the Institute are located. The applicants are requested to enclose all relevant information/documents necessary for condonation, alongwith the fee.
20 October 2012
If the period of delay is more than specified period the application will be made to following authority;
The Council also decided about the delegation of authority for condonation at various levels as under: Period of delay Authority Upto 6 months (DCO Head) 6 months to 1 year (Secretary) Above 1 year wherever applicable (Vice-President/President) The above has come into force w.e.f. 1st April, 2002. The Executive Committee at its 402nd meeting held in June 2002 decided that the cases for condonation of breach of Regulations 190(4) and 190(7) which are received by the office after/beyond 2 years of the period excluding the period of a month prescribed under Regulations be considered by the Executive Committee and that the Committee will decide on case to case basis.