Termination of industrial training - urgent

Articleship 3568 views 8 replies

Sreejith Punalur

Audit Assistant

41 Points Joined October 2009

Dear Members,

I am a CA final student, done 2 years Article in Chennai now I have started my industrial training just one month before in Kerala but unfortunately I am unable to continue with the training due to some practical issues.

Now I want to know what to do next. Can I terminate Industrial Training and do it in another company/CA firm?, If so whether the area limit of 50 kms apply to me?

I already submited my termination form (108) from former emloyer and Industrial Training form (104) for the current position by 27 th may this year, don't know the status now.

Can I cancel the previous termination and go back to continue with my previous employer (if he allows)?

Please guid me in this issue.

Thanks

Sreejith B

Replies (8)

Guest

Sir I have also faced same problem what was the solution it.

Guest

I m doing industrial training now and want to terminate so please guide me that can I register under a practicing CA firm?

Sreejith Punalur

Audit Assistant

41 Points Joined October 2009

Hi Friend,

I faced this issue nearly 7 years before. I can share you my experience;

I had submitted my termination form for industrial training and as instructed by the Article section of ICAI chennai, rejoined my previous employer. My Principal accepted my rejoining for the remaining period. Therefore my article training was 2 years 11 months article training & 1 month industrial training.

Thank you

Guest

Thank you very much sir

SAGAR SHARMA

CA ARTICLE TRAINEE

68 Points Joined January 2019

Is it mandatory to serve under previous employer after termination of industrial training???

Guest

I m sharing my experience with u

I have completed my 2 years of articleship and then after I joined indurial training but later on after completion of 1 month I want leave indurial training to go back for CA firm. ICAI allowed to me but subject to there is no mean for industrial training period for me ie now I hate to complete my 12 month training from other CA firm (other than firm where I registered for 2 yr. ) instead of 11 month.

So I this case you are not required to contact previous CA firm.

Also you can contact me at navratansaini01998 @ gmail.com for further query.

SAGAR SHARMA

CA ARTICLE TRAINEE

68 Points Joined January 2019

i have completed 10 months of industrial training & have taken 70 days of leaves . my training is expected to complete on 25/03/2020 will ICAI allow me to terminate my training

Guest

As per ICAI guidelines u have to complete minimum 9 month training and In my opinion u taken extra leave So u have to show at least 9 month training in form 108. Thereafter u may pursue remaining training at CA firm.

U may confirm manner of leave calculations from nearest ICAI branch.