11 December 2013
I have completed one year of my artileship.. and now i want to take trasfer. my principal is ready to give me in writing that he is willing to give me transfer. will institute accept this and allow me to take transfer ??
11 December 2013
If your reason of transfer is valid then Institute will give you approval.
Transfer/Termination of Articleship [Regulation 56(1)]
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: - (ii) Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/termination of articleship): - a. Industrial Training (Regulation 51) b. Secondment of articles (Regulation 54) c. Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC) d. Death of Principal [Regulation 57(1)(c)] e. Ceasing of practice by the Principal [Regulation 57(1)(a)] f. Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)]
(iii) Marriage basis (only if there is relocation to another city involving distance of 50 kms).
(iv) Irregular payment or non payment of stipend with reference to Regulation 67.
(v) Articled assistant desires to serve balance period of training outside India.
(vi) Shifting by the Principal to another city involving distance more than 50 kms.
The articled assistants are required to get the consent of the Institute before getting Form 109 signed by the Principal in their own interest.
The request, on any one or more of the aforesaid grounds, of an articled assistant on a plain paper alongwith the recommendation/ consent of the Principal for transfer / termination of articleship accompanied by evidence/proof (self-attested by the articled assistant) to the satisfaction of the Institute be made.
11 December 2013
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.
11 December 2013
No institute will not accept this.. . . after one year you should get prior permission from icai for that you should have valid reason to take transfer from articleship . . you should send an application to icai specifying reason for transfer along with your boss recommendation for transfer... . . icai will sned a reply to your its acceptance or rejection..if icai accepts for transfer you can take transfer
11 December 2013
sending form 109 with out approval of form 109 is not valid . . http://icai.org/new_post.html?post_id=7267 . . icai says some valid grounds here
http://220.227.161.86/19592announ10698.pdf
. along with above you can also any other reason which icai feels it is valid
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