Termination of articleship

408 views 2 replies

Dear Friends,

I started my articleship under direct entry scheme 1.5 years ago. But now i am not able to survive with increased cost of living in the city.Mainly I was depending on my family for meeting the expenses.But due to some financial problem, my parents are not in a position to help me. Moreover they need my help in the current situation. 
Please help me in termination for a temporary period so that i can go back to native place which is in another city and soon after i need to complete my articleship and fulfil my dream. My pricipal is also well convinced. I would like to know if the above reason would be valid from Institute point of view.
Looking forward for qiuck response.
Thanks in advance  

Replies (2)

Hi,

Your concerns for your family are appreciable. I wish for the things to be good with you very soon.

Please see the grounds on which transfer is allowed by ICAI in 2nd and 3rd year of articleship in the following link :

https://220.227.161.86/19592announ10698.pdf

Check if your case fulfills any of the grounds.

Further I wanted to know whther you want termination of articlehsip or transfer of articlehsip to your hometown to another CA ?

Thanks for your suggestion
I had gone through the guidelines once. But my situation does not comes in that list. But i read in the 4th point "Other justifiable circumstances/reasons". Whether institute will allow me under that category?
Moreover i prefer termination for a temporary period. Because my sitation does not allow me to take transfer. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
06 July 2026
C.A./CA Inter OR pursuing C.A./GST/Accounts/Audit/IT - Head

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details