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No More Termination: ICAI Order

Elton Sukumar M (Certified Accounting Technician) (734 Points)

02 November 2007

Hi All.,

In page no 528 of September 2007 CA magazine. It states that an articled student cannot terminate his articles. There is clause that only in exceptional circumstances articles may be terminated. Please can some one throw light on it?

Thanks & Regards

Elton S M

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4 Replies

Ashwin (Service) (182 Points)
Replied 03 November 2007

Is that so... then what will happen to me now coz i have already taken 1 transfer but that was with the prior enquiry with the institute.

Shashwat Shekhar (Assistant Manager) (3528 Points)
Replied 03 November 2007

Ashwin u can not take further transfers

CA.Madhavan (Chartered Accountant) (942 Points)
Replied 06 September 2008

ya that is a good one as certain students will give only importance to studies and no practicals or Dummy.........As A CA is supposed to have both exposure and study

RAKESH (Almost CA) (2199 Points)
Replied 12 November 2008

i have heard that totally 3 termination are allowed, so if they tell the students that no termination are allowed then it is some what good and some what bad. some wat good in the sense that a person think that the auditor where he is gone join will be good and the firm will help in to develop his knowledge then it is good but if he happens to be other way around then he has to work without that interest . mistake done once cannot be changed