24 August 2012
I have made a draft from State Bank Of Patiala Mohali,in the name of The Secretary The Institute of Chartere Accountants Of India But due to banks software's space problem the draft made in the name of The Secretary The Institute of chartered accountants, and bank refuse to cancel it and make a new one,and I ahve send my form with that demand draft Is ICAI accept my Form or rejects it.
24 August 2012
i believe ICAI does not have any concern Unless it is rejected by bank. The institute will present the cheque in the bank which will send it for collection.
ICAI is concerned with fees and to last extent it takes decision in favour of student.