Transfer of articleship

Articleship 3247 views 71 replies

Hello,

                                     I wanted to know whether it was permissible by the laws of icai to tranfer articleship more than once..i fall under the ipcc scheme,and am currently in the first year of my articleship..it would have been of great help if i could have got a clarification on this.To attend my classes i had tranfered to chennai for articlleship from my native place where i was initially doing my articles.I  would like to know whether i can transfer my articles to big four or to any other companies under the industrial training programme during the last year of my articles,as i had already made a tranfer during my articleship period.

         Thank you.

Replies (71)

Kindly go through the following rule and grounds for Transfer:

 

In partial modification of the announcement dated 30th June 2009 regarding transfer / termination of articles the Council in its recent meeting has decided that the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible on the grounds as stated below: -

 

I. Transfer /termination of articles is permitted without any restriction during the first year of articles.

 

II. During rest of the articleship period on satisfying any one or more of the conditions as stated below: -
 

1. Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital).
 

2. Transfer of parent(s) to another city.
 

3. Misconduct involving moral turpitude.
 

4. Other justifiable circumstances / reasons: -
 

(ii) Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/terminatio n of articleship): -
a. Industrial Training (Regulation 51)
b. Secondment of articles (Regulation 54)
c. Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC)
d. Death of Principal [Regulation 57(1)(c)]
e. Ceasing of practice by the Principal [Regulation 57(1)(a)]
f. Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)]

 

(iii) Marriage basis (only if there is relocation to another city involving distance of 50 kms).
 

(iv) Irregular payment or non-payment of stipend with reference to Regulation 67.
 

(v) Articled assistant desires to serve balance period of training outside India.
 

(vi) Shifting by the Principal to another city involving distance more than 50 kms.
 

PROCEDURE
 

The articled assistants are required to get the consent of the Institute before getting Form 109 signed by the Principal in their own interest.

The request, on any one or more of the aforesaid grounds, of an articled assistant on a plain paper along with the recommendation / consent of the Principal for transfer / termination of articleship accompanied by evidence / proof (self-attested by the articled assistant) to the satisfaction of the Institute be made. Request for transfer not accompanied by consent of Principal shall not be accepted.

In case of dispute between principal and articled assistant, the matter be settled amicably among the articled assistant and the principal concerned and the Institute shall not interfere in such cases.

2nd July 2010
Secretary

First thanks MR Ankur Garg..it has been the laid down rules..i know that and i had gone through these phrases  a lot of time..but unfortunately i was not able to find the answer to my query..i couldnt make out whether it was allowed to transfer the articles for a second time suggesting the above reasons..i guess you understood the intend of my query now..and plz reply in exact whether its possible or not..hoping to recieve your reply.

  Thank You sir.

Dear Albert peace,

 

Yes it is possible to take transfer for any number of times during the first year of your Articleship. One of my friends transferred his Articleship three times during his first year of Articleship. 

 

Hope this helps you.

 

However, it is very strongly recommended not to take transfer too many times unless it is needed very badly!

Please find Herewith Attached Pro-Forma for application to seek transfer.

Thank you Mr Srikanth.It has been of a real help to me.Thanks very much.

can anybody  help me i wanna transfer my articleship to my native place i joined my article on 28-08-2010. can i transfer without permission of icai r is it requere plz help me 

can anybody  help me i wanna transfer my articleship to my native place i joined my article on 28-08-2010. can i transfer without permission of icai r is it requere plz help me 

No raj,,,, you cannot take transfer without the permission of icai,,, you require to submit form 108,, and than the same  process of articleship registration is required...

Thank you for your reply.

what reason should i give for permisssion and coming nov i am going to write exam. In which period permission is not requere for transfer, if i take transfer now is it effect my nov attempt? 

what is form no 108 dear

plz help me out from this situation.

 

i heard form no 109 is use for transfer is it correct ?

@ RAJ,, u dont need to give any reason to the icai for transfer in 1st year of you articleship,,, your principal will ask the reason cheeky,, 

form 108,, is about the termination from articleship,, this form is filled in case of transfer as well as completion of articleship,,, there will be no effect on your nov. attempt due to the transfer(s)...

Yes,, for the purpose of transfer u have to fill form 109..

ANKUR SIR HAVE MENTIONED IT IN POST,,, READ IT AGAIN....

yes form 109  use  for  tranfer/terminate  of articleship okay


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