Eligibility for May 2009 Finals attempt

Kripa Kamath (Student) (28 Points)

15 October 2008  

 

Hi..
I got registered for articleship on 2nd Apr,07.  When i took transfer from my first employer to the
current one, the former sent d transfer form stating 38 days of leav taken during the period(on account of
BCOM exams i joined on 16th May,07)

I propose to go on study leav for May 09 attempt from Dec 1st,08. During my articleship period under the
new employer, till date,i've earned 32 days credit.

I read the Eligibility instructions at icai.org which said,as on 1st day of the month of the exam i should be
serving the last 12 months of service including the excess leave taken.

So i need to know whether the following calculation is correct:
Permitted leav                   137 days
credits available                 32 days
Total leav available           169
Less:
Excess leav with
 first employer        38
Actual study leav
from dec to apr     151      189 days

excess leav taken              20 days

This would mean my articleship period would postpone from 2/4/2010 to 22/4/2010 ( by 20 days)
But as on 1/5/09, i wud still be serving the last 12 months of my articleship.
I wud therefore be eligible
to write the May 2009 attempt right??

Pls Clarify