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Transfer after 1 year

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 April 2014 Sir,I have completed 1 year & 4 month of articleship and i m registered in khandwa and from 1 month i am suffering from the problem of stone in the kidney,due to which i am unable to continue the articleship in foreign city so i want to take transfer in my home town in indore city (distance of khandwa to indore-131 km).as that i am unable to travel in foreign city

it would be possible for me to continue my articleship in indore,

my boss is ready to give me transfer


plz reply ,
would it be sufficient reason for getting the permission to take transfer from ICAI ???????

15 April 2014 Yes, you can take transfer on the grounds of medical reason and this is sufficient reason to take transfer.

OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 April 2014 Thanx for your quick reply ,

in how much time i can get re-registered in new ca firm ??

& Please tell whether taking transfer in this way can affect my ca final exam attempt ?

If yes , then how ?

Please reply


15 April 2014 There is not time limit to re-join into articleship after taking termination it is your choice but as early as possible registration is better to your future because of saves time etc.....

Effect of termination on CA final exams eligibility is depending on the time gap between termination and re-registration and commencement of your articleship training date and your leaves etc....

So in one word i can say yes, there is chances to effect ca final exams but this control is only in your hands.

OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 April 2014 Is there any criteria that on taking transfer in this way I have to take leave for 3 months and only after that I can re-register in a new CA firm ???

Please reply

16 April 2014 Yes, with your interest at any time you can re-register to your articleship to complete remaining period of articleship training as your convenient, But delay in re-registration to articleship may extend your eligible attempt of CA Final exam.

OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 April 2014 Means its up to me that i want to take leave of 3 months or not ??

and if i want to register next day to my transfer then can i re-register on the next day of my transfer date ???


please reply

16 April 2014 The period between termination of articleship and re-registration to articleship is considered as break in articleship training not the leave(means doesn't considered as articleship training period) i.e straightly we say due to the delay in articleship registration after termination should be increase your articleship completion period but while leaves shall decides either extend our articleship period or not at the end of the completion of articleship period based on the total leaves during that period.

Yes, if you want then you can re-register to articleship immediate day to the termination date.

OM SAI SRI SAI JAI JAI SAI


16 April 2014 So if you want then you can take gap between termination and re-registration i am not saying this delay period as leave because of above i said.

OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 April 2014 please tell that leave for 3 month is mandatory or not ??

please reply

16 April 2014 It is not mandatory to take termination of articleship.

OM SAI SRI SAI JAI JAI SAI

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 April 2014 But i hve earlier contacted to icai they told me that in the case of transer on medical basis re-registration can only be done after 3 months.

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 April 2014 But i hve earlier contacted to icai they told me that in the case of transer on medical basis re-registration can only be done after 3 months. Pls reply


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Querist : Anonymous

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Querist : Anonymous (Querist)
23 April 2014 Is it correct in case 0f transfr due to medical reason



Plz reply

23 April 2014 Yes, it is correct, just know i again read about the articleship termination conditions after one year notification issued by ICAI,it clearly indicated must and should be give break of minimum 3 months of articleship training if the termination is on the grounds of medical reason

please read that at the following link.

https://groups.google.com/forum/#!msg/forum4ca/EsKzUdh4XFU/K-UrslsjytAJ

previously i saw another one which published by others other than ICAI notification in that file there is not clarification about it now by the question of you i search for the ICAI original notification and got it, however because of your query i have updated my knowledge.

Yes, ICAI is correct, to get termination on the grounds of medical should be required to have gap of 3 months to get re-registration to articleship.

OM SAI SRI SAI JAI JAI SAI




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