Because NIRC-ICMAI primarily serves as a regional council (events, membership liaison, education, CPE), this Refund Policy addresses refunds in the likely scenarios related to NIRC’s operations. If you are dealing with ICMAI-wide fees (like CMA exam registration), please refer to ICMAI’s central policy.

1. Event Registration Refunds
   • If NIRC-ICMAI organizes a paid event (seminar, conference, workshop), participants who have registered and paid the fee may request a refund under the following conditions:
     • Refund requests must be made in writing (email) to NIRC at nirc@icmai.in at least [X] days before the event.
     • A cancellation fee may apply (e.g., 10–20% of the registration fee) to cover administrative costs.
     • If NIRC cancels the event for any reason, a full refund will be offered.
     • Refunds will be processed via the same payment method used for registration.
2. Membership / Course Fees
   • For membership or course-related fees, NIRC-ICMAI follows the ICMAI’s central refund norms. For example:
     • According to ICMAI policy, exam fees are non-refundable, but in certain exceptional cases (e.g., documented medical emergency), they may be advanced/adjusted to the next exam session. Careers360 Finance
     • Under ICMAI’s revised scholarship-refund scheme for differently-abled students, refunds are permitted after deducting a portion of the registration fee. ICMAI
   • Any refund request related to ICMAI-wide fees should be submitted to the ICMAI Directorate of Studies as per ICMAI guidelines (not directly through NIRC).
3. Refund Process
   • Submit a refund request in writing to nirc@icmai.in with:
     • Your name, registration details, and payment proof.
     • Reason for cancellation.
     • Bank account details if you want refund via transfer.
   • We will review your request and respond within [Y] business days.
   • Approved refunds will be issued within [Z] business days subject to bank processing times.
4. Non-Refundable Scenarios
   • Once service has been fully rendered (e.g., attendance at a paid event), no refund will be given.
   • No-shows for paid events are not eligible for refunds.
   • Refunds will not be processed for payments made through incorrect or fraudulent means.
5. Modifications to Policy
   • NIRC-ICMAI reserves the right to modify this Refund Policy at any time.
   • Changes will be published on this page, and will apply to future registrations/payments.