Hi, I completed 3 years of my articleship in Feb 2020. As I had 45 days of excess leave, I continued with the same principal until Apr 2020. After completion, I filed Form 108, however, was not aware of the requirement to file Form 107.
During the last 4 years, I had taken a break from the course and now when I tried to register for the Final exam, I was notified that my articleship was not completed.
Please help me understand how to resolve this issue. A couple of alternatives that were suggested to me and the issues I am facing are listed below:
- File Form 107 (for 45 days excess leave service) with late fee (Rs. 10,000) and once it is accepted file Form 108 with late fees (Rs. 10,000) [The problem: I did not execute the deed in a stamp paper for the excess service period and now if I execute it, it will be as of current date]
- Register under the same or new principal by filing Form 102 + 103, complete the 45 days service and File Form 108 [The problem: I am in employment currently and it will not be possible to resign and register for articleship]
Please let me know if anyone here has guidance on this matter. If I am unable to update the status within next week, my exam registration will be canceled. Thanks in advance.
CAclubindia
