Articleship transfer

1) You need to convince your employer for transfer for articleship,if he agrees all goes good as you are in first year of articleship ,ICAI will not object to u.

2) you have to take signature in form109 transfer form,and then you have to take signature on work diary for the period you served.

3)send the form to icai along with the ID card you got from the previous employer

i dont guess there is a stipulation that u have to join articles after specified time of transfer of articleship,

however it is advisable to join with new employer as early as possible.

just fill up form no 109 with old employer with in 30 days  , then fill up form no. 103 , 102 with the new employer with in 30 days of joining new firm to avoid late fine

no need to give any reason

and difference between the date of termination  and date of joining new firm should not be more than the difference between the date when your 2.5 years is completing and first day of month of relevant attempt,

in other words , you have flexibility to join new firm to the extent of no. of days between the date when your 2.5 year is completing and first day of month of relevant attempt

thank you all, it was very useful... so if my articleship registration date is 14-may-2012 and if my final attempt falls on may 2015 then the time gap which i can have to apply for the new firm is 5 and half months effectively right?

 Neeraj as per my Knowledge Article can take transfer from the firm even after the end of 1st Year, Provided Principal is ready to allow (Mutual Agreement)..

Also Offcourse Permission of ICAI is to be taken.

@ neeraj,

yes you can take transfer from articles any number of times,

Provided,

once you completed one year of articleship ,you need to take permission of ICAI, for transfer of articleship to other principal,

Even ,you can take transfer from principal any number of times,providd ICAI should give permisson to you before taking transfer,. which will not be possible unless there is prescribed reason for transfer

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. On Medical grounds requiring discontinuance of articles for a minimum period of three months.

2. Misconduct involving moral turpitude.

3. Transfer of parent(s) from one city to another city.

4. Other justifiable circumstances / reasons: -

a. Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/termination of article ship): -

• Industrial Training.
• Secondment of articles.
• Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC)
• Death of Principal.
• Ceasing of practice by the Principal.
• Removal of name of the Principal from the Register of Member due to any reason.

b. Marriage basis (only if there is relocation to another city involving distance of 50 kms).
c. Irregular payment or non payment of stipend with reference to Regulation 67.
d. Articled assistant desires to serve balance period of training outside India.
e. Shifting by the Principal to another city involving distance more than 50 kms.

Hi

Before taking transfer firstly you take prior approval from Institute.

https://www.icai.org/new_post.html?post_id=7267

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/termination 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.

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 alongwith 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 b 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.

I have successfully completed my articleship transfer in first year of articleship..

With out obtaining prior approval from the ICAI

Transfer/Termination of Articleship - (12-05-2011)