16 July 2013
sir... i took TERMINATION during my 1st year of articleship and joined a new firm, now what happens if i doesn't send my form102 with in 30 days of joining. And is there a time limit for joining a new firm after TERMINATION. IT'S URGENT.ANYBODY PLEASE CLARIFY IT.
16 July 2013
There is time limit of 3 years for re joining of article ship. You can join article ship, as per your suitability and availability of vacancies.
If you are not sending Form-102 with 103 with in 30 days then you will pay fine.
16 July 2013
DELAYED SUBMISSION OF FORM NO. 103 In case Form No.103 is not submitted to the Institute’s Office within 30 days from the date of commencement of training, the procedure laid down by the Council for condonation of delay in submission of forms will apply. Delay fees to be paid 30 days beyond specified period Rs. 100. 31–180 days beyond specified period Rs. 300 Beyond 181 days Rs. 1000 Either of the following records may also be sent (if the delay is more than 181 days): a. Attendance record of the Articled Assistant. b. Original deed of Articles in Form 102, executed on non-judicial stamp paper. c. Certified copy of the work diary of the articled assistant. d. Stipend details with evidence in the form of Bank Pass Book/Statement.
16 July 2013
RE-REGISTRATION OF ARTICLES ………..REGULATION 46 (6), 57 & 58) On termination of articles prior to completion of 3 years, a student is required to re-register himself with another Principal for the remaining period of the practical training. Requirements: 1. In the event of re-registration, the student is required to submit the re-registration papers i.e. Form 103 so as to reach to the Institute's office within 30 days from the date of commencement of articled training. 2. A service certificate in Form No. 109 alongwith training report as specified in the Training Guide. 3. The deed of articles is required to be executed in Form No. 102 on a non-judicial stamp paper of the value applicable in the City / State where the employer is practising. The original deed has to be retained by the Principal and a copy with the student. 4. Where the Student / Principal is not able to submit the papers within 30 days and requires that the delay in submission of the papers may be condoned by the Council, they are required to submit the following document alongwith levy fees as fixed by the Council:
i. Original Deed of articles duly executed on a non-judicial stamp paper. ii. Work diary from the period of date of commencement to the date of submission of papers. iii. Attendance Record for the aforesaid period. iv. Stipend details in the form of Bank Pass-Book or Bank Statement. No registration fee is payable on re-registration except the payment of 2 nd installment of tuition fee if becomes due and payable. In case the articled clerk has availed of any leave in excess of his entitlement, he should serve such excess leave period after completion of three years of articleship either under the same Principal as supplementary articles or under another Principal.
16 July 2013
sir.. I joined in new firm on 1st july but due to some reasons iam unable to send re-registeration forms with in 30days.now iam requirerd to pay a fine of Rs.100.that's it or anything more has to be done
CAclubindia
