22 January 2014
Dear Expert, My friend got an accident last week on 17/01/2014 and the doctors said that 3 months of bed rest is compulsory. He is in the last year of articles,his articles will complete on 11/03/2014. He intimated his principal auditor regarding the accident and said he will not able to come office for 3 months .He has already availed the entire leave allowed by institute.
Now my questions are: 1.On 11/03/2014 i.e on completion of articles if auditor doesnot accept to sign form 108 and ask him to serve balance period of 2 months i.e from 17/01/2014 to 11/03/2014.And only then he will sign the form. Will there be problem from Institute side if form 108 is sent only after attending the office for balance 2 months i.e after serving that leave period.
2.what are documentary evidence required regarding the accident to befurnished to institute/Principal auditor?
3.Will there be any concept of extension of articles as per ICAI?
4.What are the other consequences as result of taking this leave?
22 January 2014
1. you need to sign form 108 and Form 106...alternatively you can only submit Form 108 with adjusted leave (to not to show extension on paper) after two months with request for condonation for delay in submission
2. There is no documentation required as such as long as you are suo-moto showing it as leave
22 January 2014
Pradeep, even if the form is submitted late, it is ok as such..you can submit a condonation letter for the delay.
well even if there is any extension, you do get decent time to complete it...for eg for the current placement, the due date for completion is 30 April... so dont worry much.