About transfer of articleship

This query is : Resolved 

21 December 2013 Dear Sir/Madam,
I am doing articleship under direct entry scheme (introduced by institute) in 1st year and 10 months of period completed now i m eligible for IPCC exam which i m going to appear in May 2014. so, I want leave for IPCC exam for 3 months but my principle is not allowing me leave. so sir, my query is that can i discontinue my articleship now i.e.by filing form 109 and further continue after appearing IPCC exam under some other principle.I m in trouble that what should i do and institute will create issue or not because there is a rule that we can take transfer only in 1st year.

please, Suggest or reply me as soon as possible.

Thanking you,
Vijendra Soni

21 December 2013 Yes, you can do so.

You only file Form-109 with Institute. Such Form will be signed by your principal.

No need to give any reason for transfer and no need to take prior approval for transfer.

You only submit such form and there after you can join with other principal any time thereafter.

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.

The time period is not specified by Institute under which Form-109 should be filed with Institute. However, this form-109 is valid only for a period of sixty days from the date of issue by the office of the Institute. The date of issue of this certificate cannot be prior to the date on which the FORM is issued by office of the Institute.

21 December 2013 yes u can take transfer by filling form 109 but u need to take ur CA's sign on form109.




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