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Can i eligible for ca-direct articles..?

Ramakrishnan (Student) (81 Points)

13 November 2012

Dear All., I'm an Existing student of ICWAI-final and ICSI-inter doing at postal/correspondence medium only ie.,NO NEED To attend any class.. Now i would like to join ipcc articleship DIRECTLY SCHEME by using B.Com graduation ie.,NOT BT ICWAI-inter Scheme.. May i do above both courses in postal medium alongwith CA ARTICLES.. If CA institute debars me means,I'm ready to discontinue the ICSI-final course(because inter completed in FEB.2013 results) for CA-ARTICLESHIP REGULTIONS.. Please provide me an information may i do above 2 courses alongwith ARTICLES by filling form 112(BUT i already joined) OR done only discontinuance of ICSI-final after results..

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4 Replies

CA Bhargav Nathwani (CA in Practice) (8307 Points)
Replied 13 November 2012

Dear Ramakrishana,

There is no need to discontinue course becose of Joining CA.

First you have eligible for direct entry scheme i.e. 55% or above in final year of B.com.

Next, Fillup Form 112 of ICAI Permission of other course.

Requirements of Form 112 : -

(i) Article should join articleship before 11 AM and minimum 6 hours per day and 35 hours per week working at office.

(ii) so, if your other all courses Institute certify that condition and do stempt and signature of principal in form 112 then ICAI never bend to join Profeesion.

(iii) Do remember your time of Articleship never Clash with your any other course. ( In official written )

Regards

Bhargav

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Ramakrishnan (Student) (81 Points)
Replied 13 November 2012

Very Heartful thanx to u Bhargav., Yes.,i got 60% in B.Com and may i required to submit form112 at the time of enroll or any later stage.. i have one doubt i studied in internet that form112 is submited within WITHIN ONE MONTH from joining new course..In my case i already joined both courses nearly 1year ago..Am i eligible to submit that form..

CA Bhargav Nathwani (CA in Practice) (8307 Points)
Replied 14 November 2012

Ya you can... not to warry.. Submit your form with your Registration of IPCC along with Registration of Articleship i.e. form 102 and 103.

As you are new student so condition of submit within 1 month shall not be liable to you.. Even declaration of other course to Institute is required after joining Articleship.. As you are Enter throw direct entry so not to warry..

See Purpose of form 112 is to maintain effectivity of Article ship training that students must attain regularly. So do remember don't clash any timing of other course with Articleship timinng otherwise Institute raise Query or may extend your Articleship Period.. so be careful.