The Supreme Court of India has extended a stay order on AICTE notification and has allowed PGDM institutes to continue use any of the five (CAT, XAT, MAT, ATMA and CMAT) national entrance test in order to provide admissions to the academic session 2013-14.
Supreme Court comprised of justice RM Lodha and Justice Anil R Dave further extended the stay on AICTE's notification released on December 28, 2010 withdrawing autonomy of PGDM institutes in deciding admission, fee structure, syllabus, examination and more.
KK Venugopal and other lawyers representing the Education Promotion Society of India (EPSI), the Association of Indian Management Schools (AIMS) and Jaipuria Group of Institutions, contended that B-Schools are conducting admissions to PGDM programmes by using scores of five national tests for more than 40 years. He further argued that AICTE's December 2010 notification is against healthy growth of management education in the country.
After suggestion from AICTE's counsel, the SC granted one month time to B-Schools that come under AICTE Umbrella to inform the body and their respective state governments about the admission process and the fee for the last two years.
In February, 2011, PESI, AIMS and Jaipuria Group of Institutions filed petition in the Supreme court against AICTE's Notification dated December 28, 2010. The AICTE stated in its notification of doing away with major MBA entrance exams, such as the CAT, XAT, ATMA or MAT, but determined that only CAT, MAT or any state level exams can be used for B-Schools admissions.
In its interim orders issued on March 17, 2011 and July 26, 2011, th Supreme Court granted a stay order against AICTE Notification. In March 2012 Supreme Court gave a judgment that came as a relief to B-Schools around the country. The Apex Court stated in just judgment that AICTE's CMAT will merely be the fifth MBA entrance test in India and not the 'Sole' and 'Mandatory' test that AICTE was projecting it to be.