CA Students Protest: High-Level Panel Set Up To Study Exam Process

New Delhi: In face of vociferous protests by the CA aspirants, the Institute of Chartered Accountants of India (ICAI) has set up a committee to look into the examination process and regulations governing the CA examinations in the country.

The move followed even as the body asserted that it follows a “full proof” examination and evaluation system to avoid any kind of anomalies.

As per the latest reports, the students have called off their agitation after ICAI’s decision to set up the high-level panel.

Thousands of them had been protesting in front of the ICAI office here since Monday demanding re-evaluation of the answer scripts of the May exams, alleging gross errors and deliberate attempts by ICAI to restrict the pass percentage.

The agitating lot further demanded a revisit of the CA Act which mandates rechecking of the marks awarded but does not allow re-evaluation of the answers.

“We have decided to constitute a high-level independent committee to look into the examination processes/ regulations governing CA examinations including Regulation 39(4) of the Chartered Accountants Regulations, 1988 and suggest changes wherever required in the ICAI examination system”, ICAI president Prafulla Chhajed said in a statement.

The convener of the committee will be P C Jain, government nominee to the ICAI council. The panel will include former Supreme Court Judge Justice (retd.) Anil R Dave, former ICAI presidents Ved Jain and Amarjit Chopra, and educationist Girish Ahuja. Rakesh Sehgal, acting secretary, ICAI will act as Secretary to this committee, the statement added.

Earlier, talking to media, he had said that ICAI has received 53,000 applications for showing the answer scripts.

While figures have been raised at the examiners and their level of competencies, Chhajed said they are experienced professors and experts who also go through an online test for being selected to handle the answer papers.