Thursday, December 24, 2020

ICSI Clarification regarding “Opt-Out Facility”

ICSI Clarification regarding “Opt-Out Facility”

THE INSTITUTE OF COMPANY SECREATARIES OF INDIA

December 20, 2020

Attention Students!

Clarification regarding “Opt-Out Facility”

Institute has received various queries from students regarding “Opt-Out Facility” given to carry forward from Dec 2020 to June 2021 exam session vide Announcement issued dated 20th December 2020.

In view of the above, it is clarified that opt-out/ partial opt-out option shall be provided to all students as per details given in Institute’s Announcement dated 20th December 2020.

The said facility shall not be available to a student who has appeared in all the papers for all the modules for which he/she is enrolled.

For more clarity, the same is illustrated in the table given below:

S. No Enrolled for Dec 2020 Appeared Eligibility for Opt-Out
1 Only one module Appeared in all papers Not Eligible
Not appeared in all papers of module or appeared in few papers but not completing the entire module Eligible
2 Two modules Appeared in all papers of Two modules Not eligible
Appeared in all papers of any one module completely Eligible to take opt-out for other module (in which not appeared)
Or
Can Opt-Out for both modules
Not appeared in all papers of both modules or appeared in few papers but not completing any of the module entirely Can Opt-Out for both modules
3 Three modules Appeared in all papers of the three modules Not eligible
Appeared in all papers of any one module completely Eligible to take opt-out for other two modules (in which not appeared)
Or
Can Opt-Out for all three modules
Appeared in all papers of any two modules completely Eligible to take opt-out for other module (in which not appeared)
Or
Can Opt-Out for all three modules
Not appeared in all papers of all three modules or appeared in few papers but not completing any of the module entirely Can Opt-Out for all three modules

Directorate of Student Services
The Institute of Company Secretaries of India

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