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Secondment & industrial training

Sahil Shah (student) (29 Points)

08 March 2013

My friend is currently in the first year of article ship. He wishes to take transfer to another firm since he got chance to do articleship in a big firm on "SECONDMENT BASIS".(Current Principal wont allow secondment. So he wishes to take transfer).

Is it possible to continue articleship on secondment basis for the next 2 years?.

Can he go for Industrial Training in the third year of articleship?

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4 Replies

CA Anushree jain (CA) (1531 Points)
Replied 08 March 2013

TRANSFER CAN BE TAKEN IN FIRST YEAR OF ARTICLESHIP WITHOUT ANY RESTRICTION

HOWEVER SECONDMENT IS NOT AVILABLE FOR MORE THEN 12 MONTHS SO YOUR FRIEND CANT BE ON SECONDMENT FOR 2 YEAR

ITS BETTER TO TAKE TRANSFER THEN SECONDMENT IN HIS CASE

Aaquib Patel (CA Final Article Trainee) (77 Points)
Replied 09 March 2013

secondment period + industrial training period cannot be more than 12 months:)

Ajay Mishra (Company Secretary) (74332 Points)
Replied 10 March 2013

SECONDMENT/EXCHANGE (REGULATION 54)

In order to expose the trainees at large to multi-disciplinary work and variety of business situations, the arrangement of secondment has been provided in the Regulation 54. The procedure relating to secondment enables an articled trainee to gain practical experience, in areas where the Principal may not be in a position to provide the same, in the office of another member in practice on the basis of a mutually agreed arrangement. In order that maximum advantage can be taken of this procedure, the secondment scheme has been made flexible. Secondment is allowed with the consent of the articled trainee from one employer to a member who is entitled to train articled trainees in his own right or to a member in industry who is entitled to train industrial trainees.

The member to whom the trainee is seconded is not entitled to train more than two such trainees on secondment at a time. The aggregate period of secondment cannot exceed one year provided that the period served on secondment with any one member or his partner does not exceed six months. Where an articled trainee is seconded to a member in industry, the total period spent in industry including the period of industrial training should not exceed one year. During secondment the Principal is required to pay the stipend. The Principal is required to keep records of the training undergone during secondment and include its particulars in the report to the Council under Regulation 64.

Apart from the secondment of a trainee from one firm to another firm or to an industry, firms may exchange trainees on mutual basis for a limited period to the advantage of firms and trainees. Such an arrangement is also quite flexible like the scheme of secondment and enables the firms to overcome deficiency, if any, in practical training imparted to trainees.

ADITYA KUMAR TIWARY (STUDENT) (22 Points)
Replied 29 July 2017

Dear Sir/Madam, Please Provide me the list of those Organisations who are Providing Industrial Training on Secondment basis in Delhi. I am doing my Final Year of CA Articleship Training.