Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

Articleship transfer

UMANG SAXENA (Student CA Final ) (80 Points)

23 May 2016

Is there any option to take transfer during the last 6 months of articleship period??

Reply
Follow
Share

11 Replies

Harshad Kanekar (Taxation and Accounts Executive) (314 Points)
Replied 23 May 2016

I guess you should go for Industrial Training.

Upgrade to CAclubindia Pro. Subscribe Now!

UMANG SAXENA (Student CA Final ) (80 Points)
Replied 23 May 2016

Is secondment an option??

Harshad Kanekar (Taxation and Accounts Executive) (314 Points)
Replied 23 May 2016

I have no idea about it!!

Wait for others for better Ideas.

1 Like

UMANG SAXENA (Student CA Final ) (80 Points)
Replied 23 May 2016

Thanks for your views

Madhusudan (Chartered Accountant) (49 Points)
Replied 24 May 2016

There is few condition on which you take tranfer after 1 year of you articleship .you should check the following link.

https://www.icai.org/post.H T M L?post_id=4117&c_id=115

Upgrade to CAclubindia Pro. Subscribe Now!

Nirav Pasad (Student CA Final ) (42 Points)
Replied 24 May 2016

Secondment is an option but for that your principal CA must agree

UMANG SAXENA (Student CA Final ) (80 Points)
Replied 24 May 2016

I contacted ca institute...... Secondment is not an option now as it is allowed in second year not in the last six months

Ayush gupta (Student) (35 Points)
Replied 24 May 2016

the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible to an articled assistant on satisfying any one or more of the conditions as stated below: -

Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital).
Transfer of a working parent to another city involving a distance of minimum 50 kms (on production of a certified copy of the transfer order and the proof of relocation to another City).
Misconduct involving moral turpitude.
Other justifiable circumstances / reasons: -
- Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/termination of articleship): -
  - Industrial Training (Regulation 51)
  - Secondment of articles (Regulation 54)
  - Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC)
  - Death of Principal [Regulation 57(1)(c)]
  - Ceasing of practice by the Principal [Regulation 57(1)(a)]
  - Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)]
- Marriage basis (only if there is relocation to another city involving distance of 50 kms).
- Irregular payment or non payment of stipend with reference to Regulation 67.
- Articled assistant desires to serve balance period of training outside India.
- Shifting by the Principal to another city involving distance more than 50 kms.

The articled assistants are required, in the first instance, 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 with recommendations 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.

Nirav Pasad (Student CA Final ) (42 Points)
Replied 24 May 2016

Secondment can be done in last 6 months also. It should be not done for less than 4 months and more than one year

Reference of an article https://www.charteredclub.com/secondment-of-articleship/

U can also refer Regulation 54 of institute

UMANG SAXENA (Student CA Final ) (80 Points)
Replied 26 May 2016

Thanks to all for replying.
I posted a query on e-sahaayataa about secondment and they said it was possible although there was no clear answer about the secondment procedure.
Can someone help me about the secondment procedure.