Re.: conversion of full time cop into part time cop

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Gaurav Khanna (Querist)
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18 March 2012 Dear Experts,

I had earlier joined as partner in one of CA firms and taken full time COP. Now , I am interested to join Industry/Big4.
Can my full time COP be converted into part-time COP?

If so, what is the procedure?

Also, can the part-time COP be restored to full time COP after some time, in case of leaving the job and re-joining the same CA firm?

Kindly advise

Utsav

Utsav (Expert)
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19 March 2012 Yes, the status of COP can be changed from Full time to part time and vice-versa. For tha you just have to send a letter of intimation to the institute.

Gaurav Khanna

Gaurav Khanna (Querist)
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20 March 2012 Thanks Mr. Utsav, but Form 101 is not required to be filed for restoration of full-time COP, or in other words conversion of the earlier so-converted part time COP into full time COP?

Kindly advise.

Utsav

Utsav (Expert)
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21 March 2012 No, Form 101 is for those whose COP has been cancelled and wanted to restore it back.

Gaurav Khanna

Gaurav Khanna (Querist)
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21 March 2012 Thank You very much for the reply. Sir, one another question which had arisen, was in how much time/days is this intimation to the institute to be given?

Utsav

Utsav (Expert)
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22 March 2012 The time is not mentioned. Since it is our duty to intimate, it should be done immediately on taking repective action.

Gaurav Khanna

Gaurav Khanna (Querist)
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22 March 2012 Thanks for the reply.

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