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Changing firm

Parul Bapna (Student) (74 Points)

26 August 2011

Can i change firm during my articleship?

if yes, then how?

Its urgent please help me!!!!

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6 Replies

Mansi (CA (Final), B.com) (939 Points)
Replied 26 August 2011

yes you can change your firm from 1 to another.. simply by submitting a form no. 103 trpilcate For Re - Registration Of Articleship to the institute after Obtaining the Permission from your Previous Principal.. there is no need to take a permission from institute within one year of articleship period.

Regards,

Mansi Batra

1 Like

nikita (nil) (33 Points)
Replied 26 August 2011

you can change firm within 1 year of articleship

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CA Rahul Soni (Student ) (368 Points)
Replied 26 August 2011

fill form no 109

Parul Bapna (Student) (74 Points)
Replied 26 August 2011

is it form no. 103 or 109?

RG - A Helping Hand (Company Secretary) (13867 Points)
Replied 26 August 2011

Kindly go through the following grounds for Transfer:

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.

2nd July 2010
Secretary