Articleship Industrial training

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Prasad Heda (Querist)
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11 July 2016 is my principal under obligation to give permission to me for industrial training if I give him 3 months prior notice?

Amol S Joglekar

Amol S Joglekar (Expert)
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11 July 2016 An articled clerk who has passed the Professional Education (Examination - II) or the Intermediate examination under these regulations may, at his discretion, serve as an industrial trainee for the period specified in sub-regulation (2) in any of the financial, commercial, industrial undertakings with minimum fixed assets of Rs. 1 crore; or minimum total turnover of Rs. 10 crores; or minimum paid-up share chapital Rs. 50 lakhs; or such other Institute or organisation as may be approved by the Council from time to time:
Provided that the articled clerk has intimated to his Principal his intention to take such industrial training at least three months before the date on which such training is to commence.";

https://www.icai.org/new_post.html?post_id=784

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