THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
(Set up by an Act of Parliament)
Dated: 26th March 2020
COVID -19: Important Announcement
The ICAI (Institute) has been closely watching the situation arising out of spread of Novel Coronavirus COVID-19 and the current stage is where the lockout has resulted in closure of offices and bare minimum articleship training work being made feasible through online means. We are all aware that until further orders, such restrictions are going to continue till 14th April 2020.
Those who are already registered and undergoing articled training, are hereby informed that the period of absence arising out of said lockdown due to COVID -19 pandemic shall not be counted for the purposes of deduction of any leaves, meaning thereby that such period shall be counted as being on articleship training for the period aforesaid. Accordingly, the students who are already undergoing articled training and are appearing for May 2020 and subsequent examinations need not worry on this count for loss of any period not served during the above lockdown.
Further, to ease out situation at both the ends, matters related to timing and manner of payment of stipend in the intervening period arising out of the lockdown, may be mutually decided between the principal and the article assistant.
(Rakesh Sehgal) Acting Secretary, ICAI
i am an article and tested covid positive and even in my building there were cases in my building so while calculating extension period will i get considereation for both the cases as in 15 days quarantine for myself and another 15 days period due to neighbour tested positive as both the cases were in different months
sir,
I am An Article assistant in one CA Firm. I tested Positive for covid 19 in the initial days of September 2020 and due to that i have to isolate my self for more than month because i have the symptoms even after the 14 days.
So sir whether this leave is considered as leave or it will be counted in my articleship calculation
I am facing the same issue , did your query got answered by anyone
Has any solution to such problems mentioned above came or not I’m facing similar problem right now
I have also undergone study leave from January 2020 and the exam cancelled on july 4. Principal is counting 184 days as leave. Due to this I have extension of 76 days in my articleship. Is it tenable? Please reply
I went through same problem. Do you find any solution. Please give reply on whatsapp 9821283437
please tell me if i have my final exams in May’20 attemp which are extended to july-aug’20 due to covid19, i am on leaves from starting march, whether the period of May, june and july (i.e. period for which exams extended) will be counted present or absent.