Please advice

Articleship 638 views 7 replies

Hi,

I am a Direct Entry Student and started my articleship from August 2014. My first would be May 2015 exams. I want to discontinue my articleship after this exams as I am having serious health issues and would be going through a long term treatment in a different city.sad What I am worried about is , if it is possible to discontinue articles now and if i can join another firm after an year or so. Also , I wanted to know if I want to give my second attempt for Nov 2015 , can any Chartered Accountant sign on my registration form? Please help. Thanks in Advance

Replies (7)

ucan join in new firms

Hi Sesha.. Thanks for the reply but is it possible to join other firm later? Like after an year or so?

ucan tell my father transfer from city to other city as a govt servant so iwant to go for other city and iwant join the articleship

If you want to appear in any attempt during the articleship is still pending, then you need to be registered under a Principal in order to entitle you to write the examination.

and yes later on you can change the firm on medical grounds as u said u have health issues... on medical grounds transfer is allowed

Transfer/Termination of Articleship [Regulation 56(1)] In accordance with the decision of the Council, the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible to an articled assistant on satisfying any one or more of the conditions as stated below: - Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital). Transfer of a working parent to another city involving a distance of minimum 50 kms (on production of a certified copy of the transfer order and the proof of relocation to another City). Misconduct involving moral turpitude. Other justifiable circumstances / reasons: - Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/termination of articleship): - Industrial Training (Regulation 51) Secondment of articles (Regulation 54) Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC) Death of Principal [Regulation 57(1)(c)] Ceasing of practice by the Principal [Regulation 57(1)(a)] Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)] Marriage basis (only if there is relocation to another city involving distance of 50 kms). Irregular payment or non payment of stipend with reference to Regulation 67. Articled assistant desires to serve balance period of training outside India. Shifting by the Principal to another city involving distance more than 50 kms. The articled assistants are required, in the first instance, 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 with recommendations 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.

Best advice 2 u is to take transfer from this firm in which u are currently in as transfer can be taken within 1year of articleship & join a firm of ur relative or close one who offers dummy & give exams dont worry of internship if any more queries den call me


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