KPMG has ruined my life

Shaunak (Misc) (28 Points)
Replied 24 May 2009

That notification of the ICAI (dt.27-Mar-09 and dt.18-Apr-09) cannot be applied retrospectively.

If the ICAI is seeking to apply it retrospectively, I suggest you speak to a lawyer & file a writ petition before the appropriate High Court having jurisdiction

Karan (Job) (209 Points)
Replied 25 May 2009

Hi Gunjan,

I think Shaunak's view is correct, but you need to go to the institute once again and inform the president whateven happened with you...before going to the court.

This will definately help you.

Regards

Karan

CA CS Anshul A. Agrawal (Faculty & Branch In-Charge at Zaware's | Ex-Vice Chairman Pune WICASA of ICAI) (191 Points)
Replied 25 May 2009

Originally posted by :gunjan nolkha
"	In the first week of May-09, I received a call for interview from KPMG, Bangalore and I was selected for articleship. I received the formal offer letter from KPMG (BSR & Co) via email which was duly accepted by me on following day. During my discussion with the HRD-KPMG, Bangalore on formalities required to be completed in wake of the new announcement (dt.27-Mar-09 and dt.18-Apr-09) by the ICAI restricting transfer except in certain circumstances, I was being informed that re-registration can be done up to 15-May-09. It was on account of new announcement by ICAI on 28-Apr-09 (date might be incorrect as there are no references available on the institute’s website in this regard). On the basis of their assurance, I took a transfer from my old firm. On the day of designated date of joining KPMG i.e. 11-May-09, I was informed that it will not be possible for them to take me as an article as the extension announcement doesn’t hold good on 11-May-09. Later I tried it with the institute for permission for transfer. But it did not work. Also the KPMG people showed a highly unprofessional attitude by saying that they will not take me even if institute permits. I dont know what to do and where to go know. I am able to find vacancy at my native place but not from the date of transfer. Because of which my attempt will be postponed by 6 months. PLEASE HELP !!!!!!!!!!!!!!!!	"

Dear Gunjan,

I felt very sorry for an un-professional attitude shown by our profession's leading firm KPMG to you, which have impacted on your career a lot. What I will suggest is to first calm down and think for a while. After reading your case, I found out two issues in it-

1. Re-registration (subject to announcement dated 27.03.09); and

2. Postp*rnment of your attempt.

As far as your first problem is concerned I will suggest you to talk to KPMG HR that is it possible for them to register you under such of their member who is domiciled in city other than Bangalore. If they do so then that announcement very well favours you, it clearly states that transfers will be allowed on account of change in place of residence. Thus by doing so, on ICAI record you will appear to be registered in any other city.

As far as your Second issue is concerned, then can you please tell me some of your details, so that I can opine you that whether really your attempt is going to be postp*rned or not. Please mail me details like (Date of commencement of articles training, No. of transffers you have taken till date, no. od days leave your previous principal have put on Form No. 109, Your last appeared attempt and proposed attempts) on anshulagrawal @ icai.org

And remember dear, nothing is going to happen by doing stupid things like filin a suit and all that, by doing such act you would be wasting your precious time and money and will be destroying your career. Instead I would suggest you to communicate our BOARD OF STUDIES CHAIRMAN on jnshah @ icai.org or call him on 09822202575. I am also having good approach in ICAI with BOS and President, I'll mail Uttam Sir about your case, but please mail me details before that, and dont worry. Problems are bound to be there. It's cost of your bright future.

RAMANJU (here to updating the knowledge) (485 Points)
Replied 25 May 2009

I would like to appreciate Mr. Anshul's suggestion. Thanks to Mr. Anshul.

Nitesh (service) (136 Points)
Replied 25 May 2009

Dear Gunjan,

Meet the current President. Speak to him personnaly about the wrong doings.Put the complain in writing and get the cacknowledgement of ICAI.Formalise ur complain.

Also if u have any friends who know staff of ICAI, will also help u out. (Mr. Razak.)

Chek from Institute if there is any complain council in ICAI.

Follow Mr. Anshul's Suggestion. In the mean time do not loose ur focus and concentration in studies.

Please go ahead with legal action.

CA Mohit Mohan (c.a. profession) (557 Points)
Replied 25 May 2009

somethings needs to be done at the level of ICAI. MEMBERS ..... not only a member take unduly advantage of articles...... this discourages a lot of sudents geoing into this profession.... SALUTE TO OUR MEMBERS... WHO JUST SEE THEIR OWN BENEFIT.

CA Tilak Raj Sharma (Practising CA in Solan (H.P.)) (6374 Points)
Replied 25 May 2009

Ahhhhh.........Complaints against the CA firms by articles are increasing day by day.......With the begining of PCC or new style of CA course.........this type of complaint are increasing as the age of most of the articles are less i.e. 17-18 years and they cannot work under pressures.......They will start shouting..........We have also same type of pressure at our times but we never complaint about it..........Some of the cases are really very genuine.....So ICAI needs to take some action.

Sumit Jain (CA) (4760 Points)
Replied 25 May 2009

this is not good for our profession

something has to be done

ss (ss) (40 Points)
Replied 26 May 2009

hey im glad u discussed ur problem. bcoz its an issue of serious concern.I want to raise this question,why we are not allowed to avail opportunities of growth? This transfer rules restricts our opportunity to grow,I mean why an article should work in a small firm ,when the atricle is getting an opportunity to work in a superior firm.It limits the abilities of an article to grow.

CA Kingsley (Audit Manager) (470 Points)
Replied 26 May 2009

ICAI has habit of regulating students with tougher rules but it never dares to do anything when members fail in their duty. Take the recent DLF case. The news reports that one of sister concern has paid loans worth about 100 crores or more and the auditor failed to report 2(22)(e) dividends. Why dont the institute take sou motu action against those members? Why it wastes time in creating unproductive rules against students when there are already strict rules??? President Ji please dont play with our lives

(Guest)

In the Regards of Articleship the Members are not at all cooperating the articles but they want that the aritcle should cooperate with them for there work to be completed within the TAT, does not matter if article fall sick or getting in to some trouble . All Of Us Know( With One Hand No One Can Clap For This TWO HANDS TO BE JOINT) So as this thing , cooperation requiredfrom both the sides. ICAI should take some serious Steps Regarding This As most of the articles are facing the same problem.

gunjan nolkha (none) (42 Points)
Replied 27 May 2009

Originally posted by :RAMANJU

"

Hi Anshul,

Thanks for the concern. I have already tried all the possible ways with KPMG. I told them to register me some other city n i can work in Bangalore, but they didnt agree. I tried my level best they are not ready to co-operate, even if institue will help me. I have already wasted lots of time, but i think nothing can be done so i left all the hopes. I am going back to my native. There i can get registered but only thing is that i will be loosing 6 months. But wat to do I have to accept the truth and I have proceed.

Thanks

"

CA Mayank (CA) (180 Points)
Replied 02 June 2009

Hi Gunjan,

If u have not registered with your native then wait for some time. As already your 6 month is wasted wait some more time and try a firm which will give u back dated article. Search for it , it may take 1 or 2 months but if u can spend that much time then u can save 6 month any how if u register after 2 months also on that date your attempt will not get further pospond by 6 month. its better to take a risk. if u got 102 and 103 signed also do not send to institute and talk to your native to torn his copies also. KPMG is not taking u not because of rules they just doesnt want to take u now. they r just taking hide in new rule. Not to take u looks like it is there commercial decision nothing to relate with institute new rules.

raj kamal singh (Auditor) (528 Points)
Replied 05 June 2009

not know wht ur positon,but best option u ve-if 109 not submittee 2 institute,ask ur ca 2 cancel 109,if by chance sumitted,ask ur ca not 2 put it under processing.unless ca institute send letter 2 both parties regarding transfer,109 can be cancelled with mutual consent