Cs with ca

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Parth Dalal (Querist)
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07 January 2013 Respected Sir/Madam,

I was appeared in IPCC-November 2012 attempt and waiting for the result.As per new rules,now i am eligible for CS Executive too.So,I want to enroll my self for the same. So,whether i need to take any permission from ICAI or ICSI. I also want to continue with CA.So,is it possible to do both together and doing single internship which will count under both course...?
And most important is it advisable to do both course at same time..?
Suggestion required..!

Thanks in advance. :)

Ajay Mishra

Ajay Mishra (Expert)
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07 January 2013 Hi

Regulation 65 of the Chartered Accountants Regulations, 1988, reads as under.
“Without the previous permission of the Council, obtained on application made in the approved form, no articled assistant shall, during the period of his service as an articled assistant, take any other course of study or training, whether academic or professional, or engage in any business or occupation.”

It has been noticed that the students/articled assistants have not been adhering to the requirements of the aforesaid Regulations while pursuing another course alongwith articleship and have been declaring such a fact while applying for enrolment as a Member of the Institute and seeking condonation for Breach of Regulation 65/78 for having not taken the permission at the appropriate time.
The Executive Committee while considering such cases insisted that students/articled assistants to pursue only one course alongwith articleship, even that be a graduation course and seek permission of the Council by filing of Form 112 duly certified by the Principal i.e. Chartered Accountant and the Principal of the College concerned within 30 days of taking admission.
The Executive Committee has further noted that the additional course(s) has / have been pursued by the students / articled assistants in violation of the provisions of Regulation 65 / 78 and directed that all requests be dealt with, in terms of the guidelines.

Ajay Mishra

Ajay Mishra (Expert)
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07 January 2013
Regulation 65: Articled Assistant not to engage in any other occupation:

“Without the previous permission of the Council, obtained on application made in the approved form, no articled assistant shall, during the period of his service as an articled assistant, take any other course of study or training, whether academic or professional, or engage in any business or occupation.”

Parth Dalal

Parth Dalal (Querist)
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08 January 2013 Thanks for the reply... But its guideline..! what should i need to do in my case..? I am not going to join any coaching,so there will not be any compromise with my article training.

Ajay Mishra

Ajay Mishra (Expert)
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08 January 2013 Hi

No, Both CA and CS have their own training process and you can not get any liberty from any one. For completing course you will go the training process.

You will be exempted in 15 months training if you have secretarial experience of specified period.

Parth Dalal

Parth Dalal (Querist)
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08 January 2013 Is it mean that i have to do both training one by one and no exemption will be available ! by the way as the students are allow to join one additional course with article training so for that do i need to submit form no.112 and take prior approval of ICAI? Is there any need to inform ICSI about my CA course?

Parth Dalal

Parth Dalal (Querist)
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Ajay Mishra

Ajay Mishra (Expert)
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08 January 2013 Hi

Yes you should take only ICAI approval.

Parth Dalal

Parth Dalal (Querist)
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08 January 2013 Thanks Sir for the valuable reply...!

Ajay Mishra

Ajay Mishra (Expert)
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08 January 2013 My pleasure..................

All the best.

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