Can anyone let me know what are the latest rules of ICAI for non submission of form 112????
12 Replies
Ram Wani
(Student CA Final)
(84 Points)
Replied 14 January 2012
i also want to know the consequences of not filing form 112 before registering for other professional courses like CS, CWA, etc.
please reply
* Krishna *
(CA Student)
(6149 Points)
Replied 14 January 2012
I hope below file helps you both.
Attached File : 171643 907066 ca students manual late fee delays.pdf downloaded: 1890 times
Ram Wani
(Student CA Final)
(84 Points)
Replied 16 January 2012
thanks krishna...but i really want to know what will happen if we dont submit form 112 and do other courses.
does institute come to know from other sources???????
* Krishna *
(CA Student)
(6149 Points)
Replied 16 January 2012
In my view, they will come to know at some point of time through their own sources. So, its better not to take risk in this issue. If at all, they comes to know that you not complied with their regulation, then ICAI may cancel all your articles training period and you may need to do training afresh. Usually, after completing you CA Final, at the time of campus placements, you may need to attend interviews at ICAI selected branches, wherein you will submit your resume. From there, the companies may share the data with ICAI or institute itself keeps data of students details by taking from companies. Few chances of such instances are expected. So at that time institute comes to know your other qualifications and may take appropriate action. Suppose, if you thinks not to submit your other qualifications to the companies at the time of interview, then the looser will be you only, because companies usually gives weightage to such students, who also have other professional qualifications. So, taking above in view, you can take wise decision.
nilesh nandankar
(C.A FINAL C.S EXECUTIVE STUDENT)
(51 Points)
Replied 21 January 2012
first of all i want to remove the misconception from the mind of students...........by mentioning following points..........
1. it is not true that we have to appear in an interview..only in those branches which is mentioned by icai
2. we can .also go...by private consultancy......held by navkar ..and if we are going by that way there is no need to face icai..........i am...also doing c.s with c.a final........but still i have not filled 112
3. this is right.......that by mentioning other qualifications we can get better prospect........so .we can easily
go by that manner
4. but as per my advice to fill up the form 112 is better for future aspect...........
nilesh nandankar...........
nilesh nandankar
(C.A FINAL C.S EXECUTIVE STUDENT)
(51 Points)
Replied 21 January 2012
first of all i want to remove the misconception from the mind of students...........by mentioning following points..........
1. it is not true that we have to appear in an interview..only in those branches which is mentioned by icai
2. we can .also go...by private consultancy......held by navkar ..and if we are going by that way there is no need to face icai..........i am...also doing c.s with c.a final........but still i have not filled 112
3. this is right.......that by mentioning other qualifications we can get better prospect........so .we can easily
go by that manner
4. but as per my advice to fill up the form 112 is better for future aspect...........
nilesh nandankar...........
nilesh nandankar
(C.A FINAL C.S EXECUTIVE STUDENT)
(51 Points)
Replied 21 January 2012
first of all i want to remove the misconception from the mind of students...........by mentioning following points..........
1. it is not true that we have to appear in an interview..only in those branches which is mentioned by icai
2. we can .also go...by private consultancy......held by navkar ..and if we are going by that way there is no need to face icai..........i am...also doing c.s with c.a final........but still i have not filled 112
3. this is right.......that by mentioning other qualifications we can get better prospect........so .we can easily
go by that manner
4. but as per my advice to fill up the form 112 is better for future aspect...........
nilesh nandankar...........
ankit
(student)
(307 Points)
Replied 22 January 2012
Guysand gals.. i want to know the consequences of not filing the form 112.....pls let me know that..!!
* Krishna *
(CA Student)
(6149 Points)
Replied 22 January 2012
Already explained above. Read above views.
ankit
(student)
(307 Points)
Replied 29 January 2012
okay.but i am not bale to understand what cource of action ICAI can take in that case.this is what is availbe in ICAI website.are these rules in force or some other rules.
Delay Upto 1 year Condone the breach of Regulation 65 and enroll after three months
More than 1 year but upto 3years Condone the breach of Regulation 65 and enroll, after six months,
More than 3 years but upto 5years Condone the breach of Regulation 65 and enroll, after one year,
More than 5 years but upto 7 years Condone the breach of Regulation 65 and enroll, after two years
Vivek Awasthi
(Founder, FinTaxPro)
(45 Points)
Replied 07 April 2015
Hi, i have fill form 112 on 2nd march 2014 along with my articalship and final registration form but at that time i have not submitted any document redarding to my college and due to such non compliece now ICAI not issuing my final & articalship registration letter.
When i ask to institute they reply to submit such documents but i want to know that whether i would have to pay any amount any fee(i.e penlty) to ICAI or not
and second thing ki mujhe form 112 dobara fill karna padega ya phir 1 letter k sath documents attached kar k submit kar du.plz help
Thanks & Regards,
Vivek
krishna
(Articleship)
(21 Points)
Replied 19 January 2016
Hi, sir i joined articles in the month of feb 2015 and i completed my b com degree in may 2015 in regular college . How ever i skipped college and attended articleship . Can i now submit form 112 which i forgot to furnish icai. Can i get permission ?. Is their any consequences of cancellation of my articleship if i furnish now. Pls help me
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