ADVISORY FOR MULTIPURPOSE EMPANELMENT FORM (MEF) FOR THE YEAR 2013-14

This is to inform that Multipurpose Empanelment form for the year
2013-14 (including form for empanelment of Bank Branch Auditors' for tyear 2013-14) has been hosted on the website
<http://icai.ind.in/newsletter/lt.php?c=2364&m=1878&nl=752&s=dbc4b6f6baa704b
9f2679c3b2ad2b393&lid=8076&l=-http--www.meficai.org> www.meficai.org. Last
date for submission of online applications on
<http://icai.ind.in/newsletter/lt.php?c=2364&m=1878&nl=752&s=dbc4b6f6baa704b
9f2679c3b2ad2b393&lid=8076&l=-http--www.meficai.org> www.meficai.org is 26th
August, 2013



ADVISORY FOR MULTIPURPOSE EMPANELMENT FORM (MEF) FOR THE YEAR 2013-14





1. Members are advised to submit the MEF as the Institute will be providing
the requisite information from this panel only to all the requesting
authorities.



2. Last date for submission of applications on the website
<http://www.meficai.org> www.meficai.org is 26thAugust,

2013. Members are advised to fill MEF well in advance to avoid last minute
rush.



3. Please use Internet Explorer 6.0/ Mozilla Firefox 7.0 or later versions
to fill MEF 2013-14.



4. The information filled in by the applicant in MEF can be edited/modified
any number of times before online submission.



5. All correspondence, acknowledgement, discrepancy letters, etc. will
preferably be through e-mail only. Please fill up e-mail id correctly and
ensure that it is active.



6. It is in the interest of the members to provide correct contact details
i.e. telephone number, e-mail and keep track of these as and when allotment
procedure starts.



7. Unique Code Number (UCN) is very important as it facilitates compiling
the applicants' bank audit experience. Therefore, an applicant must ensure
that correct UCN appears in the MEF.



. If the applicant has never been allotted UCN at any point of time, we
would like to inform that UCN will be allotted to all (first time) eligible
firms/Members at the time of preparation of the Bank Branch Auditor's Panel.



. If UCN was allotted earlier, please mention the same in Memorandum of
changes in case it is not appearing in the MEF and also in the hard copy of
the declaration. The changes will be incorporated in MEF Database after due
verification.



Therefore, you can apply Multipurpose Empanelment Form without UCN
also.



8. Applicant practicing in individual name should continue to use the same
UCN in case he forms a sole proprietary concern.



9. Members may note that experience in capacity, as articled/audit
assistant or paid employee/assistant should not be added in experience
columns' to be mentioned in questions of MEF.



10. In case the applicant was appointed as Central/Branch Statutory Auditor
of a Public Sector Bank in the previous financial year, the following may be
noted to avoid conflict of interest:



a. Don't associate with the same Bank (of which the applicant is appointed
as statutory auditor)or any of its
subsidiaries/associates, as concurrent/internal/income

and expenditure or revenue auditor/stock auditor/auditor of
borrowers' accounts.

b. Don't take a loan (including outstanding on credit card) from/give a
guarantee to a loan from the same Bank (of which the applicant is appointed
as statutory




auditor) or any of its subsidiaries/associates.

c. Don't accept the position of a Director on the Board of the same Bank
(of which the

applicant is appointed as statutory auditor) or any of its
subsidiaries/ associates.



11. If an applicant has done audit of two or more than two entities or
Statutory Central and/or as

well as branch audit of a Bank for the same year, then it should be
counted as one year

experience only, while filling-up various questions of MEF.



12.The Institute reserves right to call for additional information
including financial documents,

annual financial statements, income tax & service tax returns and such
other documents,

from the applicant as may be considered appropriate.



13.While every care is taken in preparing the panel, in the event of any
inadvertent mistake or omission,

the Institute will not be responsible in any manner.



14.The Institute does not undertake any responsibility with regard to the
allotment of audit.



15.PROCEDURE FOR LOGGING INTO MEF:



. MEF is designed differently in case of sole proprietary concern,
partnership concern

and members practicing in individual name and therefore, the
applicant should select his

option carefully.

. Visit <http://www.meficai.org> www.meficai.org and select your
option for empanelment as a

sole proprietor/partnership concern/individual.

. Remember the PASSWORD for future reference, as you would be able to
log into your

form using this password ONLY.



16.All the information being sourced from Institute database is static (not
editable) and the same will

be appearing with green background. Applicants, who do not agree with
the details appearing

in these fields, should fill in the Memorandum of Changes.



17.COMPLAINT FILING MECHANISM



a. In case, an applicant faces any problem in accessing, operating or
submission of MEF, complaint may be lodged by accessing complaint-box link
available on <http://www.meficai.org> www.meficai.org

b. Applicants can lodge their complaint by using either MEF No./ MRN / FRN

c. Complaint number will be displayed on the system after successful
lodging of complaint. Please note the complaint number for future reference.
Applicant would be able to view the status of their complaints by using MEF
No. /Complaint No./MRN/FRN.

d. All the complaints lodged by the applicant would be looked
into by PDC Secretariat.



18.In case, the complaint is not resolved or replied within a week, members
can call at

011-30110444, 30110438, 30110440, 30110451, 30110480 and 30110508.




19.SUBMISSION OF DOCUMENTS



A hard copy of the Declaration duly signed by all (the continuing) partners/
proprietor/ member practicing in individual name accompanied by a print of
acknowledgement of submission of MEF must be sent to ICAI by courier/speed
post/hand delivery at the following address in an envelope superscribed with
"DECLARATION FOR MEF 2013-14" so as to reach on or before 5th
September,2013.






The Secretary

Professional Development Committee

The Institute of Chartered Accountants of India"ICAI Bhawan" Plot No- A- 29

Sector- 62, NOIDA,Dist: Gautam Budh Nagar

Uttar Pradesh,PIN- 201309











20.Receipt of hard copy of the Declaration will not be individually
acknowledged. The same will be displayed on the website mentioning MEF
number within 15 days of receipt of the Declaration. Declarations will then
be verified for completeness and correctness and discrepancy (ies), if any,
will be intimated to the applicant by email.









Members are advised not to correspond directly with the authorities on
matters related to empanelment.



Thank & Best Regards
CA. Kamal Dhanuka

Convener
J. B.Nagar CPE Study Circle of WIRC
OFFICE NO.209, 2ND FLOOR KEYTUO INDUSTRIAL

ESTATE, KONDIVITA ROAD,

ANDHERI (E),MUMBAI-59

Convener:- Kamal Dhanuka -9867215281
Dy.Convener:- N M Bansal -9322338652