Supreme court has extended the stay on AICTE order to quash different exams. This means that exams such as ATMA would be used by colleges this year to accept students. Important point worth noting is that GMAT does not figure in the disclosure.
For those students who may not be knowing, AICTE last year has created an uproar in the MBA community by doing away with so many entrance exams and conducting one single entrance for pan India colleges. In total, 6 different exams were to be allowed. However, the order was delayed and this year also, it seems that it would not be implemented in totality.