10 October 2011
recently i have complited on 31st January and i have currently pursuing MBA So What are the procedure that i have to follow to make valid both pls urgently reply i am waiting for this
The articled / audit trainee cannot pursue any other educational or professional course during the period of articleship training except with the prior permission of the Institute.
Permission may be granted to an articled / audit trainee for pursuing one additional course of study at a time during the period of practical training.
However, the Council has granted general permission to trainees to pursue graduation course concurrently with Chartered Accountancy Course by students who have passed the Foundation Examination, as under :-
(i) That articled/audit assistants having joined the CA Course after passing the Foundation Examination shall generally be permitted to pursue graduation course concurrently with the CA Course without obtaining specific previous permission of the Council under Regulations 65 and 78.
(ii) That an articled/audit assistant pursuing graduation course concurrently with the CA Course shall not be permitted to join any other course until he/she completes his/her graduation course.
(iii) That for pursuing any other course of study (other than graduation course) the previous permission of the Council through filing of form 112 shall have to be obtained by the articled/audit assistants in accordance with Regulations 65 and 78.
Form 112 is required to be submitted within 30 days of joining the course with the recommendation of the principal, failing which you have to go for condonation of delay in non-submission of form.
12 October 2011
thanks sir but you have give information is about the graduation but my question is for MBA full time cource so pls tell can institute give permission to stop my article ship and rejoin after complition my MBA to complite articleship
12 October 2011
icai not allowed any full time cource/regular course with articleship. form 112 should be file to icai for getting permission for other course.