08 December 2016
I intend to transfer my articleship from my present firm to another one.Its my 1st year of articleship (Direct entry) and I have only spent hardly (Deed registered on 15 july) 6months under present principle.I had been working there from March onwards.Till date i had not done any work other than concurrent audit and I am not interested in doing that for the rest of my articleship period.I intend to transfer my articleship after completing 9months.There are only 4 articles under him(including me).Two are finishing there tenure this January and other article is Terminating his articleship my February.So possiblity of him signing my papers is low.THERE MIGHT ARISES A SITUATION OF DIFFERENCE OF INTEREST BETWEEN ME AND MY PRINCIPLE THEN.in that case what can I do to transfer from him...Only option I can think of is not to attend work and make him terminate me on his own.Till completion of 9 months I can't do anything.Please provide me with a solution.
12 December 2016
U can't take transfer without consent of ur principal and ICAI, so better not to create a tense situation. Better u convenience ur Principal regarding that. Well, there must also b valid reasons for transfers, as suggested by ICAI. U may visit the following link:-
12 December 2016
I had gone through ICAI rules in regards to transfer.According to what I understand from it and information garnered from others,it is understood that during 1st year,the article need not need any valid reason(the ones stated in your link) to transfer nor do need ICAI consent,rather should only get the "form signed by the CA".And further more it state during 1st year ICAI will not interfere in any disputes arising between the CA and article assistant...