23 November 2013
sir, what is the procedure for getting transfer from articleship,which form should be purchased & from where to get online or through institute.
23 November 2013
A. Transfer /termination of articles are permitted without any restriction during the first year of articles.
B. During rest of the articles period, kindly visit the website and follow the guidelines for approval of the Institute.
Information under all the columns of form/s have to be furnished and signed by the Articled Assistant and Principal (Page No.1,2 & 5)
In case student signature differs from the Form 103 submitted earlier, employer should attest his old and new signature.
Any corrections (including use of whitener) required to be made, while filling up the form/s have to be countersigned by all concerned.
Kindly mention the number of days of leave taken by the Articled Assistant without fail. In case, the Articled Assistant has not availed any leave, mention in the leave column as 0 (Zero).
Stipend column should be disclosed with either Crossed A/c. Payee Cheque or stipend deposited in the SB A/c. Stipend should not be paid in Cash.
Details of work undertaken and Training Received by the Articled Assistant is mandatory.
The Demand Draft should be drawn in favour of “The Secretary, The Institute of Chartered Accountants of India”,
23 November 2013
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.
In case of first year of transfer no ned to take prior approval from Institute.
23 November 2013
transfer with in one year of articleship . . just take form 109 and get it signed with boss ad send to icai with in 30 days from date of transfer..register with other ca asap(timelimit not prescribed) and send form 103 to icai for remaining period of articleship..with in 30 days from date of starting of articles with new ca . . for transfer of articleship after one year you need to get icai permission before submitting form 109 to icai.. . process is same here after as above
CAclubindia
