Is ca articleship extension to be served immediately ?


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 December 2014 I am currently serving my last year of articleship. My articleship is due for completion on 26/2/2015. But I have excess leaves of around 90 days for which I will have to serve an extension.

I have already given Group 1 of CA Final in Nov 14 and I am planning to give the second group in May 15.

Do I have to serve my extension in the same old firm or can I do it in a new firm?
What is the procedure? Do a form 109 is to filled and approval of Institute is to be obtained by me to serve extension in new firm OR I can start serving extension in new firm by filling 102/103?

I want to take a gap and serve an extension in a new firm and not my old firm after appearing for my exams in May 2015. Is taking such gap allowed?

Do I have to serve my extension immediately after completion (ie immediately after 26/2/15) or I can start serving my extension after appearing for my CA Exams in May 2015? Will my decision of taking such gap affect my CA final group 2 attempt in May 15?

Will my attempt in May 15 get delayed because of such gap?

Many people say that the exam form can be signed by an employer only. So I cannot take such a gap.

Please advise .

Thanks a lot

04 December 2014 1. you can do in same or new firm
2.procedure is same 1st file form 109 and then file 103 when u restart it in case of new firm.

3.allowed
4. can do it later also
5. for ca final eligibility u need to complete 2 years and 6 months of continous articleship training.

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 December 2014 Hi,

Thanks a lot for the prompt reply.
My 3 year articleship completion date as per Form 103 is 26/2/2015.(I started my articleship on 26/2/2012)

On 26/2/2015, my present employer, ie my Principal will sign Form 108 with 90 excess leaves. Form 109 is for transfer/termination.
Will a form 109 be required if there is a Form 108?
I have appeared for CA Final Nov 14 attempt by fulfilling the eligibility criteria of 2yrs and 6 mnths continuous articleship.So should I consider myself eligible for the May 15 attempt also?
I want to take a gap of around 3 mnths before serving my extension in a new firm as I want to study.Is such a long gap allowed? Is taking such a long gap advisable and feasible?
Also, it is said that the CA Final Exam form can be signed by employer only and cannot be signed by any other Practising CA...
If I take such gap ,I will not be working under any employer...So who will sign my exam form?

Kindly guide

05 December 2014 1. no form 109 is required when form 108.
2.yes ur eligible for may 15
3.yes gap is allowed.
4.only when an articleship is ongoing then thier principle has to sign else any ca can
5. any ca whether practicing or not can sign it

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 December 2014 Hi,

A friend has told me that If I am giving final attempt in May'15, as on 1st May my articleship should be completed or registered. It should not be terminated....

But I feel this condition is applicable for only those whose first attempt of CA Final is in May 15.

I have already given my first CA final attempt in November 2014. As discussed above, I have given Group 1 of CA final in November 2014.I am to appear for my Second group of CA Final in May 15. Thus May 15 is not my first attempt.
But May 15 is not my first attempt....And by 1/5/2015, my Form 108 would have been submitted to ICAI.
So is this above condition applicable to me??
Can I take a gap before serving an extension or not?? AND Will I be able to give May 15 attempt if I take a gap before serving my extension??



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