Articleship transfer in 2nd year

Hi

Yes, you can take transfer in article ship, for this you will take prior approval from Institute, thereafter you will file Form-109.

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 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.

of course ypu can take any number of articles,,

but,

there is some conditions to take transfer in 2nd year of articleship,

Before getting 109 signed by principal for transfer one should take ICAI permission,.other wise transfer of articleship is not permitted.

once you get the permission from ICAI you can submit a 109 and can take a transfer.

''ICAI will accept only if you have a valid reason for transfer as what Ajay mishra sir said above"

Originally posted by : Ganeshbabu AJAY MISHRA SIR
	of course ypu can take any number of articles,, but, there is some conditions to take transfer in 2nd year of articleship, Before getting 109 signed by principal for transfer one should take ICAI permission,.other wise transfer of articleship is not permitted. once you get the permission from ICAI you can submit a 109 and can take a transfer. ''ICAI will accept only if you have a valid reason for transfer as what Ajay mishra sir said above"

Thank sir,

but the reason notified by the institute are in favour of employer'S ONLY.....

"IS THERE IS ANY PROVISION OF ARTICLESHIP TRANSFER IN CASE OF DISPUTE BETWEEN ARTICLE AND PRINCIPAL...???"

1.As my parents lives in rajasthan ,and i want to do articleship in mumbai so no "PARENTS TRANSFER REASON ACCEPTABLE"

2."MEDICAL CERTIFICATE".........................???

1)INSTITUTE WILL NOT ENTER IN A SITUATION OF DISPUTE BETWEEN EMPLOYER AND STUDENT.THEY SHOULD RESOLVE THEIR PROBLEMS BY MUTUAL UNDERSTANDING

2)YOU CANNOT TAKE TRANSFER FROM MEDICAL GROUNDS,I GUESS IT WILL STOPS U FROM 3 MONTHS ARTICLES.(DONT TRY TO GIVE A BREAK UNLESS REQUIRED)

I GUESS AND BEST OF MY KNOWLEDGE,

ONLY BEST OPTION LEFT TO YOU SECONDMENT OF ARTICLES,..OBVIOUSLY YOU REQUIRE YOUR PRINCIPAL PERMISSION  AND ICAI PERMISSION TO THIS ALSO,

Originally posted by : Ganeshbabu
	I GUESS AND BEST OF MY KNOWLEDGE, ONLY BEST OPTION LEFT TO YOU SECONDMENT OF ARTICLES,..OBVIOUSLY YOU REQUIRE YOUR PRINCIPAL PERMISSION  AND ICAI PERMISSION TO THIS ALSO,

Thank you sir,

"What is the Period of secondment of articles....?"

hiie

in case of marriage ..what is the procedure to take transfer from one city to another...want to transfer from ldh to delhi...is there marriage certificate is required.what are the other formalities to b completed...and time limit to complete dat???is there requied to write letter on plain papper to send to icai institute........

@ Shelza

You File Form-109 signed by your principal and give reason for transfer on the basis of marriage. You can give marriage card if it shows the place where you want to take transfer.  If place is not mentioned then you will give marriage certificate in which your husband address details should be mentioned.

hii  in case of Medical grounds i want termination i had health problem aviod travel and all my office out side audits is theire so i want to join another firm in same city...what is the procedure to take transfer from one city to same city...?.  any letter is required.what are the other formalities to b completed...and time limit to complete dat???is there requied to write letter on plain papper to send to icai institute........  

Hello,

My principal has reitred and am in the second year of articleship. Planning to continue in the same firm under another principal. Is form 109 required? Also, is there any time prescribed before which the form has to be filed?

sir can i get Medical Certificate formet from your side? so that, it will help me to get transfer.

Hi... My 1 friend is in 1st yr of articleship his principal not giving him transfer, Where he can complain about this matter & to whom he have to address...

Thank you very much for reply & urgent

Dear Sir,

My principal voluntarily wants me to take transfer from the firm. what shall be d further procedure?

is 50 kms criteria applicable, if the principal is givng voluntary transfer?