Hello,
If you do not wish to join in the institute allotted in CAP Round 1 you do not have to report to the ARC for confirmation of the seat acceptance. If you do not report to the ARC for confirmation of the seat acceptance the allotted seat stands cancelled and you cannot claim the seat whatsoever the outcome is after CAP Round 2. You will still be eligible to participate in CAP Round 2 if you do not report ARC for confirmation of the seat allotted in CAP Round 1. So you can choose not to report to the ARC for confirmation of the seat acceptance and participate in CAP Round 2.
To read the guidelines for the counselling use the link below
https://mba21cap.mahacet.org.in/cetmba21/mba21/staticFiles2021/mba/Information%20Brochure_%20PG_2021-22_Draft_Formattd25Oct2021.pdf
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