How to leave ca firm in 1st week of articleship

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 September 2014 A student has joined articleship in a
firm not knowing how it is as he was
tired of searching. The CA firm made
him fill up firms on the 2nd day. Now
he knows that the firm is not good
for him but the articleship firms have
been signed and kept along with DD
by the CA firm but haven't yet been
submitted to ICAI. He also knows
telling CA that he won't work there
would do nothing rather could create
problem for him in later days. Also
tranfer is not allowed from there.
Now what best can he do to escape
from the firm keeping in mind the
firms have been kept by the CA firm
but haven't been submitted to ICAI
by the CA firm. Can cancelling the
DD would help or what would be the
way out? Can you please help on
this?

Nikhil Kaushik

Nikhil Kaushik (Expert)

01 October 2014 cancelling the cheque may stall the process but may not give you the relief you are looking for. try to negotiate with the principal. or if you are smart enough, then register under someone else and get the form 103 submitted to ICAI before your current firm does so.

Querist : Anonymous

Querist : Anonymous (Querist)

01 October 2014 Well, if I register with another firm before the CA firm submits those firms to ICAI then am I relieved? They have signed me a general agreement ( Stamp paper Rs. 10) will that affect me?
If 2 such articleship firms are submitted to ICAI then the later firm no. 103 will be returned to whom the CA or me??

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