Transfer of articleship

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Querist : Anonymous

Querist : Anonymous (Querist)

21 November 2013 What are the documents required to be submitted along with form 109 for termination of articleship, during the first year of articles? I have completed 4 months and wish to terminate articles temporarily and join another firm after 2 months. Do i need to take any permission from the institute?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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21 November 2013 no supporting document is required in first year. as long as your current principal has agreed to give you transfer, ICAI shall have no objection.

Querist : Anonymous

Querist : Anonymous (Querist)

22 November 2013 Ok.. But if i dont wish to work for 2 months, after taking termination of articleship, am i allowed to do so?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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22 November 2013 yes u may do so.

Querist : Anonymous

Querist : Anonymous (Querist)

22 November 2013 In how many days i have to submit form 109 after terminating the contract?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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22 November 2013 within 30 days of termination. you can submit later too with fine. it is advisable that you submit immediately.