The Institute shall have the right to impose penalties on any
member for committing an act of misconduct/ unfair practice in respect
of any matter affecting the Institute or at or in respect of any examination
conducted by the Institute or disqualifying any candidate who, they
have reason to believe has received or given unfair assistance at the
examination and
a) to cancel the result of such candidate in all or any of the subjects
of the examination at which he/she may have appeared
b) to exclude him/her from future examinations either permanently
or for a specified number of examinations;
c) to report his/her name to his/her employer and
d) to take such other action against him/her as the Institute shall in
their sole discretion deem fit and the decision of the Institute shall
be final and binding on the candidate concerned.
The Institute shall also have a right to cancel the results of any
subsequent examination at which the candidate may have appeared if
such examination falls within the exclusion period in the penalty, as by
reason of imposition of such a penalty of exclusion from the future
examination, the candidate would not have been eligible to appear at
such subsequent examinations.
In case any member including former member, desires to institute
any legal proceedings against the Institute in respect of anything done
or proposed to be done by the Institute in relation to him/her such legal
proceedings shall be instituted only in the courts at Chennai, Kolkata,
New Delhi and Mumbai in whose jurisdiction the application is
submitted by him/her and not in any other court.
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