Entitlement for number of article trainees

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Ketan Barevadia (Querist)
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10 December 2015 Hello,
I have been employed in industries for over 10 years and now starting my own practice.
Whether I can be deemed to have been in continuous practice for three years under clause 10 A (4) (iv) of manual for members?

Amol S Joglekar

Amol S Joglekar (Expert)
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10 December 2015 A member who sets up practice, with practice as his main occupation, after having been in employment for a minimum period of 6 years in one or more financial, commercial industrial undertakings (approved under Regulation 51 and 72) shall be deemed to have been in continuous practice for 3 years for this purpose.

Please check with ICAI if your industry is covered as above.

You can write a letter to the decentralised office requesting to give opinion on your case. In some cases, ICAI does give permission to treat your period in industry equivalent to 3 years of practice.

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Ketan Barevadia

Ketan Barevadia (Querist)
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11 December 2015 Thank you very much

Amol S Joglekar

Amol S Joglekar (Expert)
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11 December 2015 You are most welcome.
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