plz plz clarify this doubt. its emergency

776 views
Guest

 

I have a doubt in the Announcement given below by ICAI. My doubt is whether an Article Trainee has to take prior permission from the Instituite for termination of his Articleship even if it is in the first year of his Articleship.

 

ANNOUNCEMENT
Transfer/Termination of Articleship
[Regulation 56(1)] 
As informed earlier vide announcement dated 2nd July 2010, ICAI is allowing the articled assistants to seek transfer/termination of articleship only on permissible grounds and the articled assistants are advised to get the consent of the Institute before getting Form 109 signed by the Principal in their own interest.
However, it is noticed that some of the articled assistants are submitting Form 109 signed by the principal along with the application for transfer/termination of articleship. Issuance of Form 109 prior to formal approval of the Institute for transfer will not be taken into record.
It is advised that Principal and articled assistant may forward Form 109 duly signed by both of them only after obtaining the prior permission of the Institute for transfer/termination.
Secretary
May 10, 2011


Reply Share Follow
On 18 May 2011 at 22:12 Report
Replies (2)
User Avatar

Guest

Posted on 18 May 2011
Yes.it is applicable for 1st year transfer .
Reply
On 18 May 2011 at 22:57
User Avatar

www.aubsp.com
7967 Points Posted on 19 May 2011

Yes, an Article Trainee has to take prior permission from the Instituite for termination of his Articleship even if it is in the first year of his Articleship.

Reply
On 19 May 2011 at 00:13

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. TDS on payment to a non resident
  2. NSFA(National Food Security Act) commission
  3. RCM applicability on petty GTA freight (₹450
  4. Short payment reccieved in export & GST implic
  5. Parag Gupta vs Purushottam Aggarwal- who is best f
  6. GST applicability on own-vehicle goods transportat
  7. FAST DS Scheme 26
  8. 12A registration expired in FY 22-23 and is not re
  9. Seeking Clarification on Business Code Selection a
  10. CG on property sold after construction of a house

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
29 September 2026
Work at home

Lottery.sambad.tv

Bhopal

Others

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details