Hi Frnds,
One of my Friend is persuing articleship from Bilaspur from last 2 years, Where her Principle is not giving her stipend from the beginning. So, what is the procedure to get the transfer under the grounds that her Principle is not giving her stipend as per ICAI rules and please tell me that is the signature of principle is necessary in form 109 if someone wants to take transfer uunder this ground. The Grounds applicable for transfer of articleship are below:
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Transfer/Termination of Articleship [Regulation 56(1)] |
In accordance with the decision of the Council, the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible to an articled assistant on satisfying any one or more of the conditions as stated below: -
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The articled assistants are required, in the first instance, to get the consent of the Institute before getting Form 109 signed by the Principal, in their own interest. |
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The request, on any one or more of the aforesaid grounds, of an articled assistant on a plain paper with recommendations 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. |
| Secretary |
| 30th June 2009 |
THANKS,
CAclubindia
