Auditaudit Staff asked 2 years ago

Sir as per regulation 11 professional ethics whether calendar year is limit or financial yr for restoration of membership for non payment of annual fees?

1 Answers
Auditaudit Staff answered 1 year ago

Membership Fees is due and payable on 1st April of every financial year.
So it is payable for financial year and due from first day.
Further to avoid removal of name it should be paid by 30th Sept
Now if it’s not paid and name is removed, to get restoration from same date it should be paid by end of concerned financial year.
So calendar year is not relevant

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