Articleship transfer related topics...

Hello sir,

i am asking this for my friend.he joined for articleship in a CA firm.after 8 months he terminated articlship from that firm.and receievd termination letter also.after that he joined in another firm and he submitted registration form (form 102)  under new principal only after 3 months of joining in that firm.So he paid Latefee 1000 also.but his articlship registration was unsucessfull because he didnt submitted  All the documents required for registration .so he received a letter from ICAI asking him to submit his(bank account details,attandance ,work diary for dat 3 month etc...)he was about to submit all those things, But Now the problem is ,He dont like to continue there as articledassistant under that principal because, exposure is not so good in that firm..but how can he take transfer  from 2nd firm because he already submitted form 102 for registration eventhough ICAI has not approved his regstration...reply me soon...

Replies (5)

Dear friend
There is a provision, that If you have submitted form 103/102/109 and somehow it gets rejected for whatever reason, then you may ask ICAI not to go ahead with that Reg form. But it is in the sole discretion of ICAI whether they do it or not. Call the concerned Zonal office of ICAI and tell them about the situation.
You have clearly mentioned that ICAI has asked you to submit Bank account details which usually ICAI doesn't, so you might not have a case. But you can still try.
If ICAI rejects your plea, in that case, you will have to submit the required documents and apply for transfer again if you do not want to continue in that office. No other option.
I have seen a case similar to yours 4 years ago and that was a positive one.
Best wishes

Thank you sir....

 

Sir I am dng my articles in Hyderabad ,now I am at the end of second year And I want to transfer my articles to my hometown Bcoz of my family financial issues and my father is facing health issue ,but none of this reasons are mentioned in ICAI rules for transfer of articles ,I don't know what to do and how to approach to ICAI with this reasons help me to sort out this issue and tell the procedure I have to fellow Plzz help me sir
Sir I am dng my articles in Hyderabad ,now I am at the end of second year And I want to transfer my articles to my hometown Bcoz of my family financial issues and my father is facing health issue ,but none of this reasons are mentioned in ICAI rules for transfer of articles ,I don't know what to do and how to approach to ICAI with this reasons help me to sort out this issue and tell the procedure I have to fellow Plzz help me sir

Dear Sai Krishna
Write a letter to ICAI stating the reason (as it is a genuine one), enclosing documentary proof of your fathers medical issue.
I have come across similar type of cases many a times and have seen ICAI allowing transfer in second and third year as well.
So dont worry.. Recently one of my friend got transfer in third year on similar kind of reason.
Write a letter and submit it to Hyderabad branch of ICAI and within a month you will get a reply.

Best wishes

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