It would not behove the Institute of Chartered Accountants of India (ICAI) to the status enshrined in the Constitution of India to impose a penalty of delaying enrolment by two years on a student who had studied and completed multiple courses while pursuing CA Articleship by diligently taking prior permissions from the institute, said the High Court of Karnataka.
“It is rather surprising that the ICAI wants to stifle the career of a student, who has pursued multiple courses and gained such acumen to practice as a Chartered Accountant (CA). It would be helpful to the ICAI, and society, if a student has extra acumen, than the chartered accountantship alone,” the Court observed.
