The annual Membership and Certificate of Practice fees (if member holds certificate of practice) became due and payable on 1st April, 2010. Circulars advising members to pay the membership/certificate of practice fee were sent to individual members in the month of April, 2010 and published in May, 2010 issue of the Journal.
Attention of all those members who have still not paid the annual membership fee/certificate of practice fee by 31st July, 2010 is invited to pay the fees immediately so as to reach the concerned Regional Office before 30th September, 2010.
The non-payment of annual membership/certificate of practice fee will have the following consequences:
i) The member will not be eligible to use designatory letters ‘CA.’ as a prefix to the name and ‘ACA’/’FCA’ and designation ‘Chartered Accountant’.
ii) A member in practice will cease his right to practise as a Chartered Accountant.
iii) Such a member will not be eligible to train articled/audit assistant already receiving training under him.
iv) The member will not be eligible to train any new articled/audit assistant.
v) Such a member will not be eligible to carry out audit/certificate/attest and other functions in view of (i) & (ii) above.
Members can also pay membership/COP fees by using the online facility available on the website. For the use of payment gateway, members are requested to log in through “Online Services” link available on home page of the Institute’s website.
From this year onwards, the scheme of advance amount remittance has been introduced in place of advance payment of fee and the same can be referred in the Fee circular sent to all members.
For, any other clarification, members are advised to contact the concerned Decentralized Offices of the Region.
Please pay your membership fee and avoid unwanted removal of your name.
“HELP US TO SERVE YOU BETTER”
Source: ICAI
