I am doing my Articleship with "............" C.A. Firm karol bagh and done
ONLY the AUDIT of VISHAL RETAIL LTD. and nothing more during my 15 months Articleship
I want to change this firm after my PCC Exam (Nov. 09)
but the Institute says no transfer after 30.04.09
In this case what will I have to do............????????
mail me a suggestion at k.mohan21h @ yahoo.com
secondment can be the solution
is secondment is legal???
It is legal and it should not exceed 1 year
hi...thanks vamshi for your reply....i was also a little confused about secondment....i was not sure if it was legal or not....i also hv a similiar kind of problem in my firm i.e. lack of quality work....nw i guess secondment is also an option for me apart from industrial training....bt i'll try to do that next yr after my ca final exams....if only my ca allows me to go for secondment....otherwise industrial training would be the only option.
| Originally posted by :CA. Rajeev Aggarwal | ||
| " | secondment can be the solution | " |
sorry??? but what is secondment.
HEY FRNZ !!!! PLZ TELL ME BOUT THIS !!! IS SECONDMENT LEGAL FOR ONE YEAR OFFICIALLY.I MEAN THE SECOND FIRM IN WHICH WE ARE NOT REGITERED CAN SHOW ATICLE'S NAME IN ITS BUKS AS AN EMPLOYEE?. IN OTER WORDS, I MEAN TO SAY THT "CAN THE SECOND FIRM SHOW OUR NAME WITHOUT ANY HESITATION IN ITS BUK?CAN IT POSE ANY THREAT BY ICAI TO ARTICE DOING SO?"PLZ REPLY IN DETAIL , SIR !!!!!!!!
HEY FRNZ !!!! PLZ TELL ME BOUT THIS !!! IS SECONDMENT LEGAL FOR ONE YEAR OFFICIALLY.I MEAN THE SECOND FIRM IN WHICH WE ARE NOT REGITERED CAN SHOW ATICLE'S NAME IN ITS BUKS AS AN EMPLOYEE?. IN OTER WORDS, I MEAN TO SAY THT "CAN THE SECOND FIRM SHOW OUR NAME WITHOUT ANY HESITATION IN ITS BUK?CAN IT POSE ANY THREAT BY ICAI TO ARTICE DOING SO?"PLZ REPLY IN DETAIL , SIR !!!!!!!!
A principal may, with the consent of the articled clerk, second from time to time the articled clerk to other member or members with a view to provide the articled clerk the opportunity of gaining practical experience in areas where the principal may not be in a position to provide the same.
The articled clerk shall be seconded only to a member who is entitled to train one or more articled clerks in his own right or to a member in industry who is entitled to train one ore more industrial trainees.
The member to whom the articled clerk is seconded will not be entitled to train more than two such clerks on secondment at a time.
The aggregate period of secondment shall nto exceed one year provided that the period served on secondment with any one member or his partner shall not exceed six months.
Where an articled clerk is seconded to a member in industry, the total period spent in industry by the articled clerk, including the period of industrial training under these Regulations, shall not exceed one year.
During the period of secondment, the principal shall pay the stipend as provided under these Regulations.
The principal shall keep a record of the training undergone during secondment and include its particulars in the report to the Council under regulation 64.
No deed of Articles need be executed for secondment nor any intimation need be sent to the institute in this behalf.
It is from ICAI SITE
https://www.icai.org/post.html?post_id=788
the form for secondment is attatched here and it should be submitted to the insti before 30 days
Thanks for this information
THANX A LOT VAMSHI SIR FOR THIS INFO....!!!!!
CAN U PLZ TELL ME "before 30 days"? WAT DOES THIS MEANS SIR ........? IS IT COMPULSORY TO INTIMATE THE INSTT. ABOUT THE SECONDMENT?
OK SIR I HAVE COME TO KNOW BOUT THE CONDITION OF 30DAYS ?
PLZ ANS MY THIS QUERY........
"IS IT COMPULSORY TO INTIMATE THE INSTT. ABOUT THE SECONDMENT?"
when this rule for filling the form of secondment came into force .......
and is ti compulsory to intimate the institue about this..
Redards,
Varun Makhija
CAclubindia
