Transfer of articleship

This query is : Resolved

Madan suthar (Querist)
Follow

05 September 2013 hello....
i have completed 11 months of training, now i want to transfer myself to an another firm.
so i want detailed procedure for transfer of Articles with first year.
seriously i have no idea about of transfer, e.g Leave, remaining period of training, any consent of institute or principal.
it is very urgent, because soon i am going to complete 1 year of training.
so please reply soon......

CA Pallav Singhania

CA Pallav Singhania (Expert)
Follow

05 September 2013 . 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. PROCEDURE The articled assistants are required to get the consent of the Institute before getting Form 109 signed by the Principal in their own interest. The request, on any one or more of the aforesaid grounds, of an articled assistant on a plain paper along with the recommendation / consent of the Principal for transfer / termination of articleship accompanied by evidence / proof (self-attested by the articled assistant) to the satisfaction of the Institute be made. Request for transfer not accompanied by consent of Principal shall not be accepted. In case of dispute between principal and articled assistant, the matter be settled amicably among the articled assistant and the principal concerned and the Institute shall not interfere in such cases.

Ajay Mishra

Ajay Mishra (Expert)
Follow

05 September 2013 Hi

You just file Form-109 with Institute counter signed by your principal.

There is no need to take prior approval from Institute for taking transfer during first year of article ship.

Request for transfer not accompanied by consent of Principal shall not be accepted.

In case of dispute between principal and articled assistant, the matter be settled amicably among the articled assistant and the principal concerned and the Institute shall not interfere in such cases.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now