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Termination of articleship/quit ca

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 November 2013 Sir,

My articleship commenced from Sep 12 & I want to quit CA due to personal reasons & join in IT companies. My questions are:
1) Which form should I submit? after submitting the form can I join the companies immediately?
2) In future if I wish to continue CA, can I allowed to complete the remaining articleship periods or I have to start with beginning?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
21 November 2013 1. ICAI regulation as such don't provide for termination on this ground as such.

2. However, you may file Form 109 stating your intention not to pursue CA course any further (along with your principal recommendation that he is ok with it)

3. Yes you can apply anywhere once you are out of CA. But there is a question where are the jobs?

4. I believe, and this is a guess, that ICAI may ask you to serve the whole period again.

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