1st gmcs

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 December 2014 Dear sir/Madam

I'm CA final Student and has been complete 1 year of my Articleship.
As per new guidelines of ICAI 1st gmcs must be complete on or before 31st Dec. 2014.
Due to some financial problem I could not complete my 1st GMCS till now.

But now i am trying to Registered my self for 1st GMCS last 4-5 days.

I want simply asked what consequences could be arise if my 1st gmcs could not complete before 31-12-2014.

Thank You

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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16 December 2014 Presently ICAI has not prescribed any consequences for not completing the GMCS within the prescribed time.

However it is advisable to complete the GMCS as soon as possible.