23 February 2011
i have registered my articleship at marine lines as on 28-5-2009, which is more than 50 km away from my residence(vasai). thats why i have to travel about 3 to 4 hrs. daily due to such long journey i cant give my time toward my study . now i m looking for transfer near to my residence so i can delicate my time to study as well to work properly .
i want to know transfer procedure? & institute requirement?
23 February 2011
The following announcement appeared in the August,2010 edition of the journal THE CHARTERED ACCOUNTANT which is self explanatory:
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
what do u think my reason is justifiable circumstances/reasons, can i get transfer near to my house ( which is not within 50 km radius of current principle )
CAclubindia
