24 December 2008
Sir, I am a student of ICAi & have appeared for final CA exam in November 2008. I have a query regarding industrial training.
I have completed my 2 years& 4months of articleship.Thus, my pending period of articleship is 8 months.
As per training guide of the institute the minimum period of industrial training should be 9 months. But there is no mention of compulsory pending of minimum 9 months of articleship. Similarly, there is no such mention in regulation 51 of institute of industrial training regarding compulsory pending period of articleship of 9 months. Neither the form 104 of industrial training asks for pending period or such compulsion. When contacted institue regarding this i was told i cant take up industrial training as pending period is less than 9 months. I am willing to take up industrial training even if it might give me extention of 1 months. I would like to ask following queries:
1.If i join industrial training while my 8 months of articleship period is pending & if i do will i get an extention of 9 less the period of articleship pending or will my transfer be negated if i do so?
2. Is there any different procedure for such cases?
3. If i cannot apply then why is there no mention of such situation in training guide of institue?
I hope my queries will be solved as soon as possible. Please reply soon.
24 December 2008
Thank you very much for the reply sir. I visited the sight mentioned by you & also read new scheme by the institue. I also read the revised 2007 training guide.
However, I couldnt find confident answer to my questions. Regulation 51 & training guide again just mentions minimum& maximum period for the industrial training.
Thank you again for the immediate reply. If you get any lead regarding the queries please do reply.
25 December 2008
The provision for industrial training finds a place in the new scheme also. An articled clerk who has passed the Professional Education (Examination II) or the Intermediate Examination may at his discretion may serve as an Industrial Trainee for a period which may range between nine months and twelve months, during the last year of his practical training. Therefore you are not eligible for this training. However, if you get an extension of one month, then you might be eligible but I doubt any company will take you as an trainy, as you will have a remark of excess leave.
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