banner_ad

doubt against transfer

Articleship 1341 views 5 replies
User Avatar

CA FINAL STUDENT
155 Points Posted on 11 April 2008

can any one tell me the new rules and regulation of ICAI for the tranfer from CA firms to another new firms.

Reply Share Follow
On 11 April 2008 at 17:09 Report
Replies (5)
User Avatar

Senior Executive- Finance
49 Points Posted on 11 April 2008

Hi. There is no rules or regulation for transfer of articleship. But transfer of articleship is mutual consent of two parties i.e. article assistant and principal. You can take transfer, provided you have a valid reason for that.

Reply
On 11 April 2008 at 18:09
Guest




 
 


hi megha., ur ans is here...       

 

 

 

 

 

 

(Regulations 51, 56 & 61)




 
  Termination of Articles will take place in the following cases:


 
 
















i. By mutual consent between the articled clerk and the Principal. This may require transfer from one Principal to another
ii. On the articled clerk opting for Industrial Training.
iii. If an articled clerk has completed the registered period of three years of articles and has taken leave more than his entitlement, Form 108 has to be submitted and the entries regarding termination have to be made. In such a case, he will be required to serv the excess leave period in continuation to previous articles will the same. Principal (under Regulations 58) or with the other Principal under Regulation 46(6)



 
  Circumstances requiring transfer from one Principal to another


 
 















a. The Principal ceases to be practice.
b. Name of the Principal is removed from the Register of Members.
c. On the death of the Principal.



 
  Requirements:


 
 















1. The articled clerk is required to obtain a service certificate in Form No. 109 duly issued by the Institute.
2. The certificate is required to be submitted imeediately on termination of articles alongwith the practical training report as specified in the Training Guide.
3. In case of death of the Principal, the articled clerk is required to submit a service certificate in the prescribed Form No. 110 or 111. The certificate in Form No. 110 is required to be issued by the Legal Representative. In case of the partnership firm the certificate in Form No. 111 is required to be issued by the Surviving Partner.

Reply
On 12 April 2008 at 00:29
User Avatar

Financial Advisory
2134 Points Posted on 12 April 2008

What if a first year article wants a tranfer and there is no mutual consent?

Reply
On 12 April 2008 at 11:11
User Avatar

Guest
460655 Points Posted on 16 April 2008
my firm principal is not give me time for article trainin and he also doing trading business.can i take transfer for this reason b"couse i think my losing my time here .
Reply
On 16 April 2008 at 16:25
User Avatar

Guest
460655 Points Posted on 16 April 2008
my firm principal is not give me time for article trainin and he also doing trading business.can i take transfer for this reason b"couse i think my losing my time here .
Reply
On 16 April 2008 at 16:27


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details