articleship

This query is : Resolved

Aarav jain (Querist)

04 June 2011 if i want to take transfer of articleship in the 1st year then institute permission required???pls advise ..........

Rakesh Jain

Rakesh Jain (Expert)

04 June 2011 you dont need any prior permission of ICAI. You have to intimate ICAI with approval of your principal.

Aarav jain

Aarav jain (Querist)

04 June 2011 that means by submitting form 109???

Aarav jain

Aarav jain (Querist)

04 June 2011 but announce made by Icai as on 12-5-2011 state as
"ANNOUNCEMENT

Transfer/Termination of Articleship
[Regulation 56(1)]

As informed earlier vide announcement dated 2nd July 2010, ICAI is allowing the articled assistants to seek transfer/termination of articleship only on permissible grounds and the articled assistants are advised to get the consent of the Institute before getting Form 109 signed by the Principal in their own interest.

However, it is noticed that some of the articled assistants are submitting Form 109 signed by the principal along with the application for transfer/termination of articleship. Issuance of Form 109 prior to formal approval of the Institute for transfer will not be taken into record.

It is advised that Principal and articled assistant may forward Form 109 duly signed by both of them only after obtaining the prior permission of the Institute for transfer/termination.

Secretary
May 10, 2011