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Doubts in relation with form 102

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2013 Respected Sir, I am in my second year of articleship. I have taken transfer from my first firm as on 30-April-2013(till then i had completed 20 months of articleship in my first firm) & got approval from the Institute. I had started my second term of articleship in another firm as on 1-May-2013. Yet, I have not re registered for the second time as I was waiting for the institute's approval. Two days ago in written I have received the approval from the honorary Institute. But I am worried what I would do if they asked for the xerox copy of Form 102.

Kindly give your response in the below mentioned e-mail id.

My e-mail id is- som.sam13@gmail.com

17 September 2013 In General ICAI will not ask for the 102.

However,

Contact your regional Branch,

or make a query here,

http://www.icai.org/help/


17 September 2013 I think you have Form-102 which have been executed with your current principal for doing article ship for balance period of article ship.


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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2013 I have form no. 102 which has not been executed till date. Now what?
Ajay Sir....in your previous replies to a query of another person you had mentioned a back dated execution on a stamp paper. Will that work??

17 September 2013 If you have back dated stamp paper then you can execute the deed of article on that stamp paper and submit the same with Form-103 with late payment.

The stamp paper should on or before May 01, 2013.

17 September 2013
RE-REGISTRATION OF ARTICLES ………..REGULATION 46 (6), 57 & 58)
On termination of articles prior to completion of 3 years, a student is required to re-register himself with another Principal for the remaining period of the practical training.
Requirements:
1. In the event of re-registration, the student is required to submit the re-registration papers i.e. Form 103 so as to reach to the Institute's office within 30 days from the date of commencement of articled training.
2. A service certificate in Form No. 109 alongwith training report as specified in the Training Guide.
3. The deed of articles is required to be executed in Form No. 102 on a non-judicial stamp paper of the value applicable in the City / State where the employer is practising. The original deed has to be retained by the Principal and a copy with the student.
4. Where the Student / Principal is not able to submit the papers within 30 days and requires that the delay in submission of the papers may be condoned by the Council, they are required to submit the following document alongwith levy fees as fixed by the Council:

i. Original Deed of articles duly executed on a non-judicial stamp paper.
ii. Work diary from the period of date of commencement to the date of submission of papers.
iii. Attendance Record for the aforesaid period.
iv. Stipend details in the form of Bank Pass-Book or Bank Statement.
No registration fee is payable on re-registration except the payment of 2 nd installment of tuition fee if becomes due and payable.
In case the articled clerk has availed of any leave in excess of his entitlement, he should serve such excess leave period after completion of three years of articleship either under the same Principal as supplementary articles or under another Principal.

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 September 2013 Here u have mentioned about non judicial stamp paper. But if m doing back dated entry, then I have to do it in a stamp paper only....Your take on this query plz.
The content written in the Stamp paper should same as mentioned in the form 102....

like..
Form'102'
(See Regulations 46(1)56(3),57(4) & 58(4)}

Articles of apprenticeship made on the ....... day of ..... etc etc..



The form no.31992 is also mentioned on the 102 as well as in 103....what about this form no. becoz I cannot mention the Form no. 31992 in the stamp paper??

If they asked me y u have executed a deed in the stamp paper when the institute had provided the FOrm no. 102....what shud be my reply?

19 September 2013 This not a big issue it is better that you should have a copy of 102 duly executed by you and your principal. You can take the copy from your principal. Aryan is right that ICAI never asks for sending a copy of 102 once you have been re-registered. Do you have any issue? What has made you to worry about 102? Do not worry as you have received papers of re-registration




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