Transfer in 2 year of ca articalship

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Deepak D. Pandey (Querist)
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14 June 2014 my firm is guju ( gujrati) base firm & all artical are also gujrati (related in some way frm principle) exept me ;so he always give preferance to those guju .and he use to give works such as depositing cheque & such small work please tell me i want to take transfer in second year of my ca articalship is it possible please suggest

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Guest (Expert)

14 June 2014 Dear All, Please check below the Grounds and Procedure for Articleship Transfer: In a major flexibility for CA aspirants, ICAI has given articled clerks a choice to opt out of the existing arrangement with a principal during the first year of articleship. Transfer/Termination of Articleship [Regulation 56(1)] In partial modification of the announcement dated 30th June 2009 regarding transfer / termination of articles the Council in its recent meeting has decided that the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible on the grounds as stated below: I. Transfer /termination of articles is permitted without any restriction during the first year of articles. II. During rest of the articleship period on satisfying any one or more of the conditions as stated below: - 1. Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital). 2. Transfer of parent(s) to another city. 3. Misconduct involving moral turpitude. 4. Other justifiable circumstances / reasons: - (ii) Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/terminatio n of articleship) : - a. Industrial Training (Regulation 51) b. Secondment of articles (Regulation 54) c. Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC) d. Death of Principal [Regulation 57(1)(c)] e. Ceasing of practice by the Principal [Regulation 57(1)(a)] f. Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)] (iii) Marriage basis (only if there is relocation to another city involving distance of 50 kms). (iv) Irregular payment or non-payment of stipend with reference to Regulation 67. (v) Articled assistant desires to serve balance period of training outside India. (vi) Shifting by the Principal to another city involving distance more than 50 kms.

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