Cost and Works Accountants Act, 1959
41. Examination results
(1) A candidates shall be declared to have passed in an
Examination if he has passed in all the Stages or Groups (under the old
syllabus) comprised in that examination from which he has not been exempted. A
candidate shall be declared to have passed in a Stage or Group (under the old
syllabus) of an examination if he gets at one sitting the minimum per cent of
the total marks in each paper from which he has not obtained exemption as
specified in column II below and an aggregate of 50 per cent of the total marks
of all such papers in that Stage or Group (under the old syllabus):
Column I
Column II
Group I or Group II of the Intermediate Examination under the
old syllabus held under regulation 31 or Group I or Group II of the Final
Examination under the old syllabus held under regulation 34.
35 percent
Stage I or Stage II of the Intermediate Examination under
revised syllabus held under regulation 31 or Stage III or Stage IV of the Final
examination under the revised syllabus held under regulation 34.
40 percent
(2) A candidate who is not declared successful in a Stage or
Group under the old syllabus of any examination but-
(i) obtains 60 per cent or more of the total
marks in any paper or papers shall be exempted in subsequent examinations from
that or those papers in which he secured 60 per cent or more marks; or
(ii) obtains 60 per cent or more of the total
marks in any paper and a minimum of 40 per cent of the total marks (under the
revised syllabus) or 35 per cent of the total marks (under the old syllabus) in
each of the remaining papers of that Stage or Group (under the old syllabus),
shall be allowed the benefit of carry forward of the actual marks so obtained
by him in the papers in which he had obtained 60 per cent, or more marks for
the purpose of computing his result in the subsequent examinations:
PROVIDED that if the benefit of exemption or carry
forward mentioned in clauses (i) and (ii) above is voluntarily withdrawn by a
candidate, he shall not be entitled to such benefit in his future attempts.
(3) A list of successful candidates in an examination shall be
published in the Journal of the Institute in such manner as the Council may
direct. The names of candidates obtaining distinction in the examination shall
be indicated in the list. Each candidate shall be individually informed of his
results and also of the marks obtained by him in the paper or papers of the
examination in which he appeared:
PROVIDED that in any case where it is found that the
result of an examination has been affected by error or fraud or using unfair
means during the examination, the Examination Committee shall have the power to
amend the result suitably.
(4) A candidate who passes the examination obtaining 70 per cent
of the total marks of all the papers of the examination at one sitting shall be
deemed to have passed the examination with distinction.
(5) Information as to whether a candidate's answers in any
particular paper of any examination have been examined and valued will be
supplied to the candidate on his application within a period of thirty days
from the declaration of the result accompanied by a fee of rupees fifty only
per paper or such fees as may be fixed by the Council from time to time. The
fee is only for verifying whether a candidate answers in any particular paper
have been examined and valued and not for the revaluation of answers. The marks
obtained by the candidates in individual question or in sections of a paper
cannot, in any circumstances, be supplied. If, as a result of such
verification, it is found that there has been either an omission to examine or
value any answer or there has been mistake in the totaling of the marks, the
fee for verification shall be refunded in full to the applicant.
(6) After a period of six months from the date of declaration of
the result of an examination if a candidate requires a duplicate copy of his
marks sheet in respect of that examination, he shall be supplied with a
duplicate copy of marks sheet on receipt of an application from him in that
behalf on payment of a fee of rupees twenty-five only or such fee as may be
fixed by the council from time to time.