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URGENT GUIDANCE NEEDED

Articleship 575 views 4 replies

Siddhartha Hegde

Articled assisstant

31 Points Posted on 31 December 2009

I am Siddhartha..doing my articleship(1year up) in Bangalore. I wanted urgent information about taking permissions from ICAI about doing other courses or having a business.

My frens and myself have planned to open a partnership firm...my query is that...should i..as a articleship student apply for any permission from ICAI...or am i totaly restricted from doing so...nyone with any info pls let me know...its urgent!!!...we apply form112 for course...but is there any form for an article to be a partner in a firm??? ny help would be appreciated :)

Replies (4)

CA Dhiraj Ramchandani

CA M. com

10823 Points Posted on 31 December 2009

I don't know the form no.. But yes,u need to inform ICAI for the same.. And if time clashes or some disturbance occurs in articleship due to such partnership., ICAI may restrict u or deny the permission for sure....

CA Dhiraj Ramchandani

CA M. com

10823 Points Posted on 31 December 2009

And yes, form 112 is only reqd for the same, i remembered now... The "B" part of the same form...

shanker

CA- PCC

27 Points Posted on 31 December 2009

yes,.before joining as a partner u have to inform 2 the institute by filling form no 112.it contains the details like timings etc.u should be careful that the timings should nt clash with articles timing&form 112 is enough , i think so

Rahim

Businessperson

460 Points Posted on 31 December 2009

As the whole business hours is for Articleship anyway, so how one can do business otside such timings? It becomes quite impracticle to do business and articleship.