<P> There was a long pending trademark dispute between CFA Institute, USA & ICFAI over the use of the CFA Designation . On 25 May 2012, both the parties decided to resolve this long pending dispute and have entered into an agreement under which ICFAI will stop providing the CFA Charter . </P> <P> This will allow both the parties to mutually co-exist and pursue their business objectives . ICFAI would continue to operate under the ICFAI brand but will begin phasing out the CFA designation over the next few years . The Candidates who have already been awarded the CFA Charter have been requested by ICFAI to use "CFA (ICFAI)" to help distinguish themselves from the CFA Institute Charter holders . </P> <P> The Institute of Chartered Accountants of India (ICAI) imposed restrictions on its members on the use of the designation of ` CFA' awarded by the Institute of Chartered Financial Analysts of India (ICFAI). The ICAI notification issued on August 3, 1989 says that "if any member of ICAI, i.e. any Chartered Accountant, who obtained the qualification of Chartered Financial Analyst (awarded by ICFAI) on or after January 1, 1990, or has obtained the said qualification earlier did not surrender the same before the said date, (he / she) would be held guilty of professional misconduct under the provisions of the Chartered Accountants (CA) Act ." The ICFAI and others filed petitions in the Andhra Pradesh High Court challenging the notification . A single judge and a Division Bench dismissed them . The present appeal is directed against this judgment . ICFAI assailed the notification contending that it was violative of a person's fundamental right to practise any profession guaranteed under Article 19 (1) (g) of the Constitution . On May 16, 2007 the above notification was quashed by The Honourable Supreme Court of India . </P> <P> There was a bar by the ICAI - the apex Indian body for Chartered Accountancy from pursuing or joining INDIAN CFA of Icfai university, After nearly two decades, the ICFAI (Institute of Chartered Financial Analysts of India) has won the' chartered' row against the ICAI (Institute of Chartered Accountants of India). In a decision dated May 16, 2007, the court ruled in favour of ICFAI, by setting aside an earlier verdict of the Andhra Pradesh High Court, which had allowed the ICAI to prohibit its members from using the description' Chartered Financial Analyst' or its abbreviation CFA . </P>

Institute of chartered financial analysts of india university