CS How to apply for exemption on the basis of 60% for all CS students, How to check, How to cancel? ICSI LIVE UPDATE

Updated : 22nd November 2023

FREQUENTLY ASKED QUESTIONS (FAQ) REGARDING PAPER-WISE

EXEMPTION ON THE BASIS OF SCORING 60% OR MORE MARKS

Q1. What is the criteria for exemption on the basis of securing 60% or more

marks ?

Reply: The exemptions on the basis of securing 60% or more marks are granted

under two distinct conditions covered under The Company Secretaries

Regulations 1982 :-

First Condition:

A candidate who has appeared in the subjects of a group, for which he was

required to enroll and has secured sixty per cent or more marks in any subject

and a minimum of twenty-five per cent marks in each of the remaining subjects

of the group but has failed in the group, shall be exempted from that or those

subjects in which he secured sixty per cent or more marks, in any subsequent

examination.

Second Condition:

A candidate who has appeared in all papers of the group or module for which

he is enrolled without obtaining exemption in any paper of that group or module

and has failed in one paper comprised in the group or module, but secured

minimum of sixty per cent of the total marks of the remaining papers of the

module, all such remaining papers shall be exempted in any subsequent

examination.

He/ she will be declared to have passed in that module if he/she reappears in

the only paper in which he had failed and gets fifty per cent marks in any

subsequent examination

Q2. What is the Criteria for qualifying marks as per condition 1?

Reply: A candidate is required to secure at least 40% marks in each paper and

aggregate of 50% marks in the remaining papers to pass the module in which

he/she is availing exemption.

The marks obtained by a candidate in the paper(s) in which he/she had obtained

exemption on the basis of having secured sixty per cent or more marks shall

not be taken into account for computing his/her result of the remaining paper(s)

of the module in any subsequent examination.

Q3. I have two exemptions as per the first condition. Am I allowed to cancel

any one exemption out of the two exemptions?

Updated : 22nd November 2023

Reply: Yes. Even after cancellation of one exemption, the other exemption will

remain valid.

Q4. What will happen if I appear in exempted paper as per the first condition?

Reply: If you appear in the examination disregarding the exemption granted and

shown in the Admit Card, the exemption will be cancelled without any further

notice. The exemption so cancelled can not be revived under any

circumstances.

Q5. How many papers are there in group 1 and 2 of executive & professional

programme

Executive Programme

Gorup Paper Subject

Code

Subject Name

Group 1

Paper No. 1 521 Jurisprudence, Interpretation and General Laws

Paper No. 2 522 Company Law and Practice

Paper No. 3 523 Setting Up of Business, Industrial and Labour Laws

Paper No. 4 524 Corporate Accounting and Financial Management

Group 2

Paper No. 5 525 Capital Market and Securities Laws

Paper No. 6 526 Economic, Commercial and Intellectual Property Laws

Paper No. 7 527 Tax Laws and Practice

Professional Programme

Gorup Paper Subject

Code

Subject Name

Group 1

Paper No. 1 531 Environmental, Social and Governance (ESG) –

Principles and Practice

Paper No. 2 532 Drafting, Pleadings and

Appearances

Paper No. 3 533 Compliance Management, Audit

and Due Diligence

Paper No. 4 534 ELECTIVE - ONE

Updated : 22nd November 2023

Paper No. 4.1 541 CSR and Social Governance

Paper No. 4.2 542 Internal and Forensic Audit

Paper No. 4.3 543 Intellectual Property Rights –

Law and Practice

Paper No. 4.4 544

Artificial Intelligence, Data

Analytics and Cyber Security –

Laws and Practice

Group 2

Paper No. 5 535 Strategic Management and Corporate

Finance

Paper No. 6 536 Corporate Restructuring, Valuation and

Insolvency

Paper No. 7 537 ELECTIVE - TWO

Paper No. 7.1 551 Arbitration, Mediation and Conciliation

Paper No. 7.2 552 Goods and Services Tax (GST) and Corporate

Tax Planning

Paper No. 7.3 553 Labour Laws and Practice

Paper No. 7.4 554 Banking and Insurance – Laws and Practice

Paper No. 7.5 555 Insolvency and Bankruptcy – Law and Practice

Q6. I secured the following marks in previous examination in Group II of

Executive/Professional Programme Examination:

1. Paper 5 ………32

2. Paper 6 …….. 58

3. Paper 7 …….. 63

As per the second condition, I am eligible for exemptions in Paper 6 and Paper

7 . What will happen if I cancel one of the exemptions?

Reply: Considering the above specimen case, if you cancel (or appear in the

examinations) the exemption in say Paper 6, the exemption will be cancelled in

the said paper while retaining the exemption granted in Paper 7 as per the first

condition. However, if you cancel (or appear in the examination) the exemption

in say Paper 7, the exemption granted in both Paper 6 and Paper 7 will be

cancelled as you no longer fulfil the criteria given under the second condition

on cancellation of exemption granted in Paper 7.

Updated : 22nd November 2023

Q7. I secured the following marks in previous examination in Group II of

Executive Programme Examination:

1. Paper 5 ………26

2. Paper 6 …….. 68

3. Paper 7 …….. 63

As per the second condition, I am eligible for exemptions in paper 6 and paper

7 . What will happen if I cancel one of the exemptions?

Reply: Considering the above specimen case, if you cancel (or appear in the

examinations) the exemption in say paper 6, the exemption will be cancelled in

the said paper while retaining the exemption granted in paper 7 as per the first

condition. Similarly, if you cancel (or appear in the examination) the exemption

in say paper 7, the exemption granted in the said paper will be cancelled while

retaining the exemption granted in paper 6 as per the first condition.

Q8. I secured the following marks in previous examination in Group II of

Executive/Professional Programme Examination:

1. Paper 5 ………23

2. Paper 6 …….. 68

3. Paper 7 …….. 63

As per the second condition, I am eligible for exemptions in paper 6 and 7. What

will happen if I cancel one of the exemptions?

Reply: Considering the above specimen case, if you cancel (or appear in the

examinations) in any exempted paper, exemptions in the both the papers paper

6 & 7 will be cancelled.

Q9. I secured the following marks in previous examination in Group I of

Executive/Professional Programme Examination:

1. Paper 1 ………26

2. Paper 2 …….. 65

3. Paper 3 …….. 62

4. Paper 4 …….. 50

In which paper(s), I am eligible for Exemption(s)?

Updated : 22nd November 2023

Reply: Considering the above specimen case, you are eligible for exemptions

in two papers i.e., paper 2 & 3 under condition I

Q10. I secured the following marks in previous examination in Group I of

Executive/Professional Programme Examination:

1. Paper 1 ………23

2. Paper 2 …….. 65

3. Paper 3 …….. 62

4. Paper 4 …….. 50

In which paper(s), I am eligible for Exemption(s)?

Reply: Considering the above specimen case, you are not eligible for

exemptions in any paper under condition – I, as you have secured less than 25%

marks in paper 1.

Q11. I secured the following marks in previous examination in Group I of

Executive/professional Programme Examination:

1. Paper 1 ………18

2. Paper 2 …….. 65

3. Paper 3 …….. 62

4. Paper 4 …….. 55

In which paper(s), I am eligible for Exemption(s)?

Reply: Considering the above specimen case, you are eligible for exemptions

in three papers i.e., paper 2, paper 3 & paper 4 under condition II

Q12. I secured the following marks in previous examination in Module I of

Executive/professional Programme Examination:

1. Paper 1 ………18

2. Paper 2 …….. 65

3. Paper 3 …….. 62

4. Paper 4 …….. 55

As per the second condition, I am eligible for exemptions in paper 2, paper 3 &

paper 4. What will happen if I cancel one of the exemptions?

Updated : 22nd November 2023

Reply: Considering the above specimen case, if you cancel (or appear in the

examinations) in any exempted paper, exemptions in all the three papers paper

2, paper 3 & paper 4 will be cancelled.

Q13. I secured the following marks in previous examination in Group I of

Executive/Professional Programme Examination:

1. Paper 1 ………25

2. Paper 2 …….. 65

3. Paper 3 …….. 62

4. Paper 4 …….. 55

As per the second condition, I am eligible for exemptions in paper 2, paper 3 &

paper 4. What will happen if I cancel exemption or appear in Paper 4 ?

Reply: Considering the above specimen case, if you cancel (or appear in the

examinations) in paper 4, exemptions in paper 2, & paper 3 will remain valid

under condition - I.

Q14. I secured the following marks in previous examination in Group I of

Executive/professional Programme Examination:

1. Paper 1 ………25

2. Paper 2 …….. 65

3. Paper 3 …….. 62

4. Paper 4 …….. 55

As per the second condition, I am eligible for exemptions in paper 2, paper 3 &

paper 4. What will happen if I cancel exemption or appear in paper 2 or Paper

3 ?

Reply: Considering the above specimen case, if you cancel or appear in

examination in paper 2, then the exemption in paper 4 will be treated as

cancelled and exemption in paper 3 will remain valid. However if you cancel or

appear in examination in paper 3, then also the exemption in paper 4 will be

treated as cancelled and exemption in paper 2 will remain valid.

Q15. I secured the following marks in previous examination in Group I of

Executive/Professional Programme Examination:

1. Paper 1 ………23

2. Paper 2 …….. 65

3. Paper 3 …….. 62

Updated : 22nd November 2023

4. Paper 4 …….. 55

As per the second condition, I am eligible for exemptions in paper 2, paper 3 &

paper 4. What will happen if I cancel exemption or appear in paper 2 and Paper

3?

Reply: Considering the above specimen case, if you cancel (or appear in the

examinations) in paper 4, exemptions in all three papers i.e., paper 2, paper 3 &

paper 4 will be cancelled.

Q16. Is it essential to score atleast 25% marks in each paper to become eligible

for exemption under the 60% Marks criteria as per the first condition?

Reply : Yes, it is essential to score atleast 25% marks in each paper to become

eligible for exemption under the 60% Marks Criteria as per the first condition.

Further, appearance in all the papers covered under the group is essential to

become eligible for exemption as per the second condition.

Q17. Is it essential to score atleast 25% marks in each paper to become eligible

for exemption under the 60% Marks criteria as per the second condition?

Reply : No. It is not essential to score 25% marks in each paper to become

eligible for exemption under the 60% Marks Criteria as per the second condition.

However, appearance in all the papers covered under the group is essential to

become eligible for exemption as per the second condition. source