Articleship transfer


This query is : Resolved 

(Querist)
21 July 2013 Sir I had Joined the articlehip on 4/08/2012. and on 13/07/2013, I have taken tranfer from my principal with mutal consent and i have send the form no. 109(tranfer of articleship form) to ICAI and now i want to ask you that can i mention the 24/07/2013 as my re-registration date on form no. 103 or not ?
and sir if i can do so then what should be the balance period of articleship?
Have I to increse the 10 days of Balance articleship period or not?

Ajay Mishra (Expert)
21 July 2013 Hi

From the date of taking transfer till the date of re registration of article ship with other principal will not be count in your article ship period of 3 years. You will do article ship for balance period of article ship.

Ajay Mishra (Expert)
21 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.

Sourav Garg (Querist)
21 July 2013 Thanks Sir!!!!!!

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


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