Section 5
Fellows and Associates . — (1) The members of the Institute shall be divided into two classes designated respectively as associates and fellows.
5. Fellows and Associates . — (1) The members of the Institute shall be divided into two classes designated respectively as associates and fellows.
(2) Any person other than a person to whom the provisions of sub-section (3) apply shall, on his name being entered in the 5 [Register of members], be deemed to have become an associate member of the Institute and so long as his name remains so entered, shall be entitled to use the letters 6 [ACMA] after his name to indicate that he is an associate member of the 7 [Institute of Cost Accountants of India].
(3) Any person who was a fellow of the dissolved company and who is entitled to have his name entered in the 5 [Register of members], under clause (i) of sub-section (1) of section 4, shall be entered in the 5 [Register of members] as a fellow of the Institute.
Roop's Law Assist