Fellowship

An associate member may apply to the Council for advancement to Fellowship, if he fulfills subject to the satisfaction of the council either of the following conditions:

{a} He should have been an associate member of the Institute for a continuous period of not less than five years and in continuous practice in India as a Cost Accountant for at least five years, or

{b} He should have been an associate member of the institute for a continuous period of not less than five years and immediately before the date of application should have held for a continuous period of not less than five years a position as Chief Cost Accountant or an equivalent appointment, by whatever name designated, in an organisation approved for the purpose by the Council.

Application for Associate Membership/Fellow Membership should be made in the prescribed Form "B". The fees payable with the application are:

	Associate Member	Fellow Member
Entrance Fees	Rs. 425 /-	Rs. 300 /-
Annual Membership Fees	Rs. 300 /-	Rs. 800 /-

Refund of Fee : Every person whose application for admission to the membership of the institute is not accepted by the Council shall be entitled to a refund of the fee paid by him