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Very urgent.form 108 articleship leave

pavel (student) (460 Points)

17 April 2015

Hii..

its urgent

i submited the form 108 that is the artichleship completion form with 175 days of leave.

Do m liable for any extension.My employer dosnt made me to fill the extension form.

Some of my friends are saying that there will be an extension.

If yes then what i have to do.

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1 Replies

Deepak Gupta (CA Student) (15922 Points)
Replied 17 April 2015

You have taken 19 days of excess leave. Maximum 156 days* of leave is allowed in case of 3 years of articleship.
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** If excess leave is served with the same Principal and in continuation of previous training without break:
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- Submit Form 108 for the previous period of articleship alongwith training report as specified in the Training Guide. (already done by you)
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- Execute a supplementary deed of articles for the period equivalent to the excess leave period in Form 107 on a non-judicial stamp paper or affix ‘Special Adhesive Stamp’ as per the rates applicable in the respective Cities / States. (required)
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- The deed of supplementary articles must be submitted in original along with a copy so as to reach to the Institute’s Office within 60 days from the date of commencement of training.
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If excess leave is served with a new Principal, follow the procedure prescribed for Re-registration i.e. execute fresh deed of articles and submit Form 103 within 30 days from the date of commencement of fresh articles.
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* Para 1.11 of the Training Guide (link) || ** ICAI Checklist (link)