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ICAI goes to polls today

Ending months of campaign, which prompted the Institute of Chartered Accountants of India (ICAI) to issue some of the oddest directives such as those requesting a curb on SMSes and emails sent by candidates, the apex body of auditing professionals in the country is going to polls tomorrow. - More time for IFRS rollout: BANKs - ICAI to drop case against PW-Delhi - ICAI to withdraw proceedings against PW Delhi - ICAI, audit firms against autonomy to govt banks in choosing auditors - I-T Department serves fresh notice on DLF - Staff crunch may create hurdles: CLB chairman Eighty candidates are contesting to secure a place in the 32-member central council, while 149 candidates are in the fray to be elected to the five regional councils of the institute. The elections, being held after a three-year gap, will see all eligible voters among its 150,000 members moving to 342 polling booths across the country on December 4 and 5. Postal ballots are also allowed for overseas members. The next central council will be known by December 17. Amarjit Chopra, ICAI’s current vice-president and president hopeful is contesting the election from the Northern region. Conventionally, the vice-presidents are always consensus candidates to the post of the next president, while central council members vote to decide a new vice-president every year.


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