I am IPCC student,Joined through direct entry sceme,i have passed in CPT in Aug 2012 when i went to register institute people suggested me to go through direct entry scheme,i have joined for articles in Sept/29/2012 now am finding very difficult to manage work and studies same time,as my principal is sending me very far places for auditing and not letting me to join any coaching centers.
please can anyone tell me if i take transfer,i have to join new firm before submitting Form 109 here or after getting it signed do i have some time to join the new firm. I want to know if i converted back to CPT my 9months articles will be wasted.....
If you are thinking to take transfer with in one year of article ship, firstly intimate to your principal and get it signed Form-109 and submit the same with Institute with in 30 days of taking transfer. The Institute will give you approval for transfer.
Yes, if you will convert under CPT basis you will loose your article ship period.