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Article transfer

Dev (Article Trainee.) (608 Points)

14 September 2014

Dear Friends, I started articleship on 16th Dec 13 in small firm and i ll complete 10 month of articleahip on 15 th oct.. If i take transfer in Oct14 and then join new firm in Jan 15... will it be ok..??? what is termination of article??? any advantage if i terminate articleship for two month.. and join again in new firm on Jan 15.... plz reply...

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CA PRIYANSH SURYAWANSHI (M.Com M.A. Economics CA) (1294 Points)
Replied 14 September 2014

Dear Dev u can take transfer. but there is a rule for rejoining after transfer
U will have to necessarily register with new firm within 30 days of transfer. U can not delay more than that. If u do than it may be considered as Discontinuance upto that time and ur attempt will shift.
So if u take transfer in Oct than rejoin within 30 days.

No advantage of terminating 2 months articleship. only disadvantages.
Take transfer in Dec and join in January
or join in Nov and take leaves as per ur wish (subject to ur conversation with new firm)

Dev (Article Trainee.) (608 Points)
Replied 14 September 2014

Dear Sir, Thanks for ur reply.. But there is no vacancy in new firm till jan.. So please advice me what to do... Coz once i complete year.. Then ll have to give reason for transfer..