Number of articles

3.1 ELIGIBILITY TO TRAIN ARTICLED ASSISTANTS (AS PER THE REVISED REGULATIONS)

The Chartered Accountants Regulations, 1988 with regard to the eligibility to train the articled assistants has been amended vide Notification dated 17th August, 2007 and as per the amended Regulations, the eligibility of practicing member to train articled assistant(s) is as under.

TABLE-I

(Applicable to members practicing the profession of chartered accountants in his individual name or as proprietor or as partner)

TABLE-II

(Applicable to members who are in full time salaried employment under a chartered accountant in practice or a firm of such chartered accountants)

Stipend payable would be as under:

Sr.No.	Classification of the normal place of the  service of the articled assistant	During the first  year of training	During the second  year of training	During the remaining  period of training
(i)	Cities/towns having a population of twenty lakhs and above	Rs. 1000	Rs. 1250	Rs. 1500
(ii)	Cities/towns having a population of above four lakhs but less than twenty lakhs	Rs. 750	Rs. 1000	Rs. 1250
(iii)	Cities/towns having a population of less than four lakhs	Rs. 500	Rs. 750	Rs. 1000

3.2 PRACTICAL TRAINING RECORD (REGN. 64)

A weekly record of practical training of the Articled/Audit Clerks is required to be maintained, specifying the areas in which the articled clerk has obtained work experience and a report of the practical training is to be enclosed with Form 108/109, in cases of completion/termination.

From April, 2010 no condonation will be given for delay in Submission of form 112 by articled/audit clerks pursuing courses than CA. (Sec. Regulations 65 & 78).

No transfer of article clerks allowed w.e.f. 1.5.2009

Students /article clerks have to ensure that coaching classes they join/ attend should not have timing between 9.30 am to 5.30 pm. Such timing is not permissible to students during their training period.

please find attached file for,institute manual for members,which consists of,

(Regulation 43, 51, 54A, 55, 57, 68 & 72

I have read all the regulations concerned, but I wanted to know about any amendments related to my Question, of engaging 2 more articles, beyond 10.