Industrial training

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2014 Respected Experts

I started my articleship on July 2, 2012 with BMR Advisors. They registered me under a paid employee.
Within 5 months of registration, my Principal resigned from BMR Advisors.

BMR Advisors registered me with their another paid employee. I duly complied with ICAI formalities and filled the Form 103 again with the name of my new principal.

Now, on July 1, 2014 I completed my 2 years of articleship. Now I want to pursue Industrial Training in my final year of articleship.

Please let me know, am I eligible to do the same. Is there any rule or law which prevents me from doing IT. Would change of Principal in the same firm counts to transfer? (Though mine is very much in the first year itself) Also, during that change of principal, I filled form 103, hope it was correct compliance.

It is urgent, would be great if everyone shares their expertise.

Warm regards

Nikhil Kaushik

Nikhil Kaushik (Expert)
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07 August 2014 1. yes you are eligibl2

2. no, change of principal doesn't matter

3. Just get Form 109 executed with current principal and sign Form 104 with the company where you intend to pursue industrial training

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