Final examinations while serving last six months of training

CA Ravi Khandelwal (Business) (752 Points)

13 March 2009  

Please help.

I just want to know if those who have passed PCE exams can give final exams in their last six months of training or after completion of training.

Must read the extract of  notification dated 3rd December 2008 given below

 

"

29C. Admission to Final Examination
 
[Applicable to candidates appearing in Final Examination under the syllabus as may be specified by the Council under regulation 31(i), (ii) and (iii)]
 
(1)      No candidate shall be admitted to the Final Examination unless he has passed, −
 
          (i)       Professional Competence Examination in its entirety held under these regulations; and
(ii)      completed the practical training as is required for admission as a member on or before the last day of the month preceding the month in which the examination is held:
 
          Provided that a candidate who has passed Professional Education (Examination-II) under the syllabus as specified by the Council under sub-regulation (5) of regulation 28B and has completed the practical training as is required for admission as a member on or before the last day of the month preceding the month in which the examination is held or has been serving the last twelve months of practical training including excess leave, if any, on the first day of the month in which the examination is held, shall be admitted to the Final examination.
 
(2)      Notwithstanding anything contained in sub-regulation (1) above, a candidate who has passed the Professional Competence Examination from out of the category of candidates covered under second proviso to sub-regulation (1) of regulation 28C or Integrated Professional Competence Examination under the syllabus as may be specified by the Council under sub-regulation (3) of regulation 28E or the Intermediate Examination under these Regulations or Intermediate Examination under the Chartered Accountants Regulations, 1964 or the Intermediate or the first examination under the Chartered Accountants Regulations, 1949, or was exempted from passing the first examination under those regulations shall be admitted to the Final examination provided he has completed the practical training as is required for admission as a member on or before the last day of the month preceding the month in which the examination is held or has been serving the last six months of practical training including excess leave, if any on the first day of the month in which the examination is held.