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Articleship transfer in second year by mutual consent

saima (gorakhpur) (123 Points)

05 October 2018

I have conpleted my 1.5 years of articleship....and I want to take transfer on mutual consent as my principle is ready to give me transfer....It is possible to take transfer on mutual consent?

If yes,then what is the procedure and what documents I have to submit to ICAI???

waiting for quick response

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7 Replies

mehul (Student CA IPC / IPCC) (151 Points)
Replied 05 October 2018

no not possible.ICAI had restriction for transfer after 1 year .

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(Guest)

Agreed with Mehul.. Keep it up 👍 👍

3 Like

saima (gorakhpur) (123 Points)
Replied 05 October 2018

Got my answer from e-sahayata site.....

1 Like

indumathy raju (2 Points)
Replied 05 October 2018

Yes u can get transfer. Reasons shd be either of the followings
1. Medical issues. u shd submit medical certificate from govt.hosp along with form 109.
2. Relocation due to transfer. relocated place shd be around 50 kms from ur audit firm. shd attach relocated address proof along with form 109.
3. Death of the principal
4. winding up of audit firm.

Form 109 3 copies can be downloaded from our institute site. You hv to submit within one month from the date of termination.
Once u get the acknowledgement in the form retain two forms. one is for ur old audit firm and another one is for ur new audit firm to be given while u join.
For more details check
https://www.icai.org/new_post.H T M L?post_id=4639