03-31-2010, 05:56 AM
Shoaib
I appreciate your logic but am still of the view that such policy means that if finals student loses his ten years (or inter student six attempts) he will have to take start afresh and from scratch.
The certificates already issued don't make any issue for two reasons. Firstly you are NOT allowed to write CA Inter or CA Finalist etc with your name. This is ruled out already. If you lose all cards, your CA inter etc will remain uncounted towards any further endeavor. Yes, if you don't get onto it from scratch people may call and accept you as part qualified. (You cannot mention it as a qualification and designation).
Secondly, this is evidenced from previous practice of ICAP when historically such limits were imposed. I know a person who after failing from finals again started from scrath and qualified (from first paper) and afterwards became a partner of one of the big firms.
However, I wish this does not come true and what you are anticipating should be a fact. That's why I said ICAP's clarification is required to sort out this matter. CASA should make an effort, and detailed deliberation should be made.
Shani,
Thanks for detailing ICAEW's practice. However, there is also such a limitation period in force and in vogue.
Regards,
Kamran.
I appreciate your logic but am still of the view that such policy means that if finals student loses his ten years (or inter student six attempts) he will have to take start afresh and from scratch.
The certificates already issued don't make any issue for two reasons. Firstly you are NOT allowed to write CA Inter or CA Finalist etc with your name. This is ruled out already. If you lose all cards, your CA inter etc will remain uncounted towards any further endeavor. Yes, if you don't get onto it from scratch people may call and accept you as part qualified. (You cannot mention it as a qualification and designation).
Secondly, this is evidenced from previous practice of ICAP when historically such limits were imposed. I know a person who after failing from finals again started from scrath and qualified (from first paper) and afterwards became a partner of one of the big firms.
However, I wish this does not come true and what you are anticipating should be a fact. That's why I said ICAP's clarification is required to sort out this matter. CASA should make an effort, and detailed deliberation should be made.
Shani,
Thanks for detailing ICAEW's practice. However, there is also such a limitation period in force and in vogue.
Regards,
Kamran.
