reason for termination

hi,

i am doing articleship last one year. For 9 months i worked in a concurrent bank audit.. then after...there is no audit related works....doing usual office accounts work.....so  no scope of work at all.   

  As ICAI announced new rules reg. termination of articleship, i am not in a position to terminate the articleship.... and rejoin within 50 km.

For the above reason , can i terminate the artcleship...  please reply

 

Replies (13)
I am sorry to hear about ur problem frnd...I am also in a similar position...The rule should change...ICAI shud make ammendments in the rule... Till then...sorry to say...But ur stuck where ur currently employed...

well u have a genuine reason

why dont u go and discuss this with the icai official

he/she will surely accept ur form 109

Mr Ravi.. Heyy buddy...but frm wat i read in the announcement...there r only 2 reasons where they allow transfer... 1. When u hv a medical condition 2. When ur working parent gets a transfer to another city... So i think our frnd here cannot terminate his current articleship...

there is also written that apart from these two reasons if a person wants a transfer than he should explain his genuinety of transfer

icai is not hitlar to make a rule restricting from transfer

if u are a genuine person looking for better work prospects or working conditions there is always a scope of discussing them with icai official personaly

and then if they are satisfied they will let u transfer

Yeah You can File Form 120 to ICAI  with genuine reasons & attach some supporting to it.

For our sake...i hope wat u say is rite... I did read abt " the other genuine causes clause"...But nuthin is given in detail.. its a lil vague...especially after they said form 109 recd after Apr 30th is not acceptable...Have to get a clarrification on that part.. BTW..Y is ICAI restricting transfer...i mean that ws one of the highlights of our course...that we cud work in new firms...to gain new experiences

You r rite Vimal but they had to stop the dummies & provide the CA of backward areas with enough articles as in the cities.

Thank u friends...

2 kind of firms... 1.  over work pressure....   2.  considerably no work....

both are worst for us.   it will affect either our academic studies....or learning scope in office..

ICAI should initiate steps to ensure a ca student to get both book knowledge and practical knowledge.. 

Originally posted by :karthi sabapathi
" Thank u friends...
2 kind of firms... 1.  over work pressure....   2.  considerably no work....
both are worst for us.   it will affect either our academic studies....or learning scope in office..
ICAI should initiate steps to ensure a ca student to get both book knowledge and practical knowledge.. 
"

u are right about this.....although i wonder when will ICAI understand this.....i also have a similar problem karthi.....bt i'm not very sure whether the ICAI will consider this as a genuine reason.

hi,

i did my articleship for 8 months. i got signed form109 from my previous auditor on 27-04-2009. now i need to submit the form. are there any other forms required to submit???

is form 120 necessary???

 

No u dont require form 120 once u have submitted form 109.

Originally posted by :karthi sabapathi
" Thank u friends...
2 kind of firms... 1.  over work pressure....   2.  considerably no work....
both are worst for us.   it will affect either our academic studies....or learning scope in office..
ICAI should initiate steps to ensure a ca student to get both book knowledge and practical knowledge.. 
"

yeah u r absolutely right...icai should see to this..the articles r really been USED in a wrong manner..

hello frnzzzzzzzz

my attempt is due on nov'09.but my CA has askd me to continue my damn training till sept end n if i dont go 2 office he will show my 2mnths leave which i hv previously taken as i was suffering 4m jaundice. this is my 16th mth in d offc n i really dont knw wat 2 do nw.

today mrng he has given me a call nd hs told me to take transfer if i cant cum 2 offc. i hv jst enquired frm d instt if i can tk trnsfer nw or not. but hard luck those rules!!!!!!!!!!!!!! plz suggst asap.......thanx

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