Articleship


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 July 2013 is it necessary to open an account in a Nationalised Bank only while ones articleship gets started?

Ajay Mishra (Expert)
22 July 2013 Hi

The stipend under this regulation shall be paid by the principal to the articled assistant either (a) by a crossed account payee cheque every month against a stamped receipt to be obtained from the articled assistant; or (b) by depositing the amount every month in an account opened by the articled assistant in his own name with a branch of the bank to be specified by the principal.

No not necessary.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 July 2013 thanx a lot!!..

Ajay Mishra (Expert)
22 July 2013 My pleasure.......


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