Transfer of articleship

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 July 2012 I have cleared Ipcc in May 2011 and registered for articleship on 15 Sep 2011. Can I take transfer now??? What forms are to be submitted and any permission required to be taken from institute?? When should I get registered with new principal and which forms are to be submitted forit? If my current principal is not allowing for transfer whom can I contact?

Ajay Mishra

Ajay Mishra (Expert)
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18 July 2012 Hi

Yeas, you can take transfer without any restriction.the detail procedure of transfer is here under:

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. 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.

Regards

Querist : Anonymous

Querist : Anonymous (Querist)

18 July 2012 This rule is given on icai website too. Can u tell detailed procedure

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CA. Sunil Kumar

CA. Sunil Kumar (Expert)
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18 July 2012 Main points are :-

1. You can take transfer within 1 year on basis of marriagee, transfer from one city to another,moral turpitude and others.So , you can surely take transfer as your articleship period is still not 1 year.

2. Form no 109 to be filled and prior approval of ICAI is also mandatory.

3.Then with new principal you will file the same form no 102 and 103.

4.There is no remedy in this case, You have to have convince your principal in this matter,as ICAI won't allow you transfer if your principal don't agree

Ajay Mishra

Ajay Mishra (Expert)
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18 July 2012 Hi

For more details you can contact with nearest Institute for the same.

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