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principal changing to other firm

aswini (articles) (50 Points)

04 December 2009

hi friends

just needed a suggestion/procedure

what should a article do if his/her principal moves from a partnership firm and goes to practice seperately????

is a article registered under the firm or individual partner

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6 Replies

koolleo87 (1268 Points)
Replied 04 December 2009

Article is regd under partner....

CA Harish Suwalka (Chartered Accountant ( Bhilwara )) (4125 Points)
Replied 09 December 2009

Originally posted by :koolleo87
"	Article is regd under partner....	"

true.

our agreement in form no.102 is done with ca not with firm

aswini (articles) (50 Points)
Replied 09 December 2009

thank you friends....

i still have a doubt that in this case can i get 109 and register under another auditor, is there any provisions like that.....

CA Harish Suwalka (Chartered Accountant ( Bhilwara )) (4125 Points)
Replied 09 December 2009

Originally posted by :ramya
"	thank you friends.... i still have a doubt that in this case can i get 109 and register under another auditor, is there any provisions like that.....	"

this is called "transfer" which is not allowed by icai.

aswini (articles) (50 Points)
Replied 09 December 2009

friend, im meaning that my principal is resigning from the firm, if he is not going for practice, what is the steps that i have to take to continue my articleship

CA Harish Suwalka (Chartered Accountant ( Bhilwara )) (4125 Points)
Replied 09 December 2009

oh i understand now...you shud specify this condition in your earlier posts.

in that case if your CA is going to surrender his COP than it will be possible to take transfer and after that you have to search for another CA for your articleship or you can re-join your current firm under different partner

regards,

harish