Articleship
This query is : Resolved
07 August 2015
hello... I am in 2nd year of articleship doing from small city. I wanted to take transfer to Mumbai to get exposure in various areas. Can i take transfer to Mumbai as it is 50 km away from my state? what are the procedures for taking transfer? Is there any permission & reason i have to take from ICAI before taking transfer? whether simply i have to sign transfer form from existing C.A and send to ICAI? Kindly help me.
08 August 2015
no transfer is not allowed on this behalf.. u have to cover any one point given in the list of icai for transfer after one year
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08 August 2015
In accordance with the decision of the Council, the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible to an articled assistant on satisfying any one or more of the conditions as stated below: - Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital).
Transfer of a working parent to another city involving a distance of minimum 50 kms (on production of a certified copy of the transfer order and the proof of relocation to another City).
Misconduct involving moral turpitude.
Other justifiable circumstances / reasons: - Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/termination of articleship): - Industrial Training (Regulation 51)
Secondment of articles (Regulation 54)
Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC)
Death of Principal [Regulation 57(1)(c)]
Ceasing of practice by the Principal [Regulation 57(1)(a)]
Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)]
Marriage basis (only if there is relocation to another city involving distance of 50 kms).
Irregular payment or non payment of stipend with reference to Regulation 67.
Articled assistant desires to serve balance period of training outside India.
Shifting by the Principal to another city involving distance more than 50 kms.
The articled assistants are required, in the first instance, 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 with recommendations 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.
Transfer of a working parent to another city involving a distance of minimum 50 kms (on production of a certified copy of the transfer order and the proof of relocation to another City).
Misconduct involving moral turpitude.
Other justifiable circumstances / reasons: - Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/termination of articleship): - Industrial Training (Regulation 51)
Secondment of articles (Regulation 54)
Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC)
Death of Principal [Regulation 57(1)(c)]
Ceasing of practice by the Principal [Regulation 57(1)(a)]
Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)]
Marriage basis (only if there is relocation to another city involving distance of 50 kms).
Irregular payment or non payment of stipend with reference to Regulation 67.
Articled assistant desires to serve balance period of training outside India.
Shifting by the Principal to another city involving distance more than 50 kms.
The articled assistants are required, in the first instance, 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 with recommendations 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.
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11 August 2015
sir, but on the ground of shifting by the principal to another city involving more than 50 kms i.e Mumbai i can take transfer.My present principal is ready to give transfer & the principal to whom i will be registered is ready then whats the problem to ICAI? Sir,Plz.guide me.
11 August 2015
Sir, i am selected in a gud C.A firm in Mumbai where i will get exposure in various areas like Statutory audits, forensic audits, International taxation, Risk advisory, Transfer pricing,Merger & acqisitions, Consultancy etc. I am planning to move Mumbai to learn quality work which i am not getting in small city. Also, my IPCC grup 2 exam in Nov. 2015. They allow me for exam leave 1.5 months. Can i join C.A firm in Mumbai? My 2 year articleship completes in 4th September 2015. In How many days ICAI permits such transfer if i have to get permission? Plz suggest me....
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