Can i change the firm after 4 months of articleship

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 March 2011 Hi..Dipesh Mehta Here..Just Passed My ipcc Group 1 November 2010..I Just Want To Know That Can I CHange Articlship Firm After $ months...

CA KRISHNA KUMAR DARUKA

CA KRISHNA KUMAR DARUKA (Expert)
Follow

10 March 2011 You can talk to your principal regarding transfer. Before taking transfer be sure and talk to the firm you want to go. There is no problem from institute side. It allows transfer freely in the first year.

BALASUBRAMANYA B N

BALASUBRAMANYA B N (Expert)
Follow

10 March 2011 https://www.caclubindia.com/forum/transfer-termination-of-articleship-icai--132673.asp

Nikhil Kothari

Nikhil Kothari (Expert)
Follow

18 March 2011 In terms of regulation 56(1) of the CA Regulations,1988 the permissible grounds are : -

1) Transfer/termination of articles is permitted without any restriction during the first year of articles.

2) During rest of the articleship period on satisfying any one or more of the conditions as stated below :-

a) medical grounds requiring discontinuance of article foa a minimum period of three months ( on production of a medical certificate isued by a govt hospital).

b)Transfer of parent(s) to another city.

c)Misconduct involving moral turpitude.

d) other justifiable circumstances/ reasons :-

i)Industrial training.

ii)secondment of articles.

iii)convertion from PCC to IPCC.

iv) death of principal.

v) ceasing of practise of principal.

vi)removal of name of the principal from the register of members.

e) marriage basis only if relocation to another city > 50 kms.

f) irregular payment or non payment of stipend.

g) articles desires to serve blance period of training outside India.

h)shifting by the principal to another city involving distance > 50 kms.

N.B :- the articled assistant is required to get the consent of the institute before getting form 109 signed by the principal in their own interest.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now