Rishabh Mishra (C.A Final) (144 Points)
27 March 2009hiii friends... BY NOW U ALL MUST BE AWARE OF THE NEW ICAI REGULATIONS FOR STUDENTS ARTICLESHIP....PLEASE COME UP HERE AND SHARE UR VIEWS.....AND ALSO THE POSSIBLE WAY OUT IN THIS BAD SITUATION....
CA. Amit Daga
(Finance Controller CA. CS. CFA. CIFRS. M.COM. )
(9017 Points)
Replied 27 March 2009
Ramakrishnan
(Student)
(140 Points)
Replied 27 March 2009
Aisha
(Finance Professional)
(8079 Points)
Replied 28 March 2009
IMPORTANT ANNOUNCEMENT
The following decisions taken by the Council of the Institute are brought into force immediately for compliance by the Students / Members concerned. It is advised that required compliance be made by the concerned students / members. It may please be noted that non-compliance will be viewed seriously and proceeded against accordingly.
a) The coaching classes shall not continue after 9.30 a. m. or start before 5.30 p.m. so as to enable the articled/audit assistants to concentrate wholly on practical training.
b) Members of the Institute who are engaged in coaching be advised not to undertake coaching between 9.30 a.m. to 5.30 p.m.
c) An articled assistant should undergo practical training in accordance with the guidelines of the Institute between 10:30 a.m. and 5:30 p.m. During the period an articled assistant shall not be permitted to attend colleges/other institutions for graduation or any other course.
d) Every articled/audit assistant shall submit once in a year a specific declaration duly counter-signed by the Principal to the effect that the he is regularly attending training and his college hours do not clash with his articles timings and that no coaching is undertaken by him between 9.30 am and 5.30 pm on any working day. In the event of breach of this guidelines and not taking permission as required, the articles already undergone shall be de-recognised for such period as the Institute may decide.
e) Every articled/audit assistant shall be required to maintain mandatorily the Work Diary in the Form to be prescribed by the Board of Studies.
f) The Institute to call for at random training report alongwith attendance record and stipend details and also Work Diary maintained by articled/audit assistant from any member/firm in respect of any articled assistant at any point of time during the period of practical training for verification.
g) In case an articled assistant is found not undergoing articles in the manner prescribed he shall be debarred from appearing in the exam upto 3 consecutive exams besides cancellation of such period of articles. The concerned member who allowed such an articled assistant be subject to punitive action besides withdrawing either partly or fully his eligibility to train articled assistant. In Peer Review the Reviewer be required to verify whether training is imparted to the articled assistant in the manner prescribed.
h) No request for termination of articles is entertained from any articled assistant in general and more particularly during the first six months and also during the last twelve months of articles except as provided in the Regulations. In the event of termination, his articles shall not be registered in the same city.
i) No request of an articled assistant for termination (transfer) of articleship shall be considered unless his/her working parent(s) is/are transferred from the city/place where the articled assistant is receiving training to another city and a copy of transfer order / proof is submitted to the principal in proof thereof. On such termination the articled assistant concerned shall join articles training in and around the place of posting of his/her parent(s) and shall not re-register articles in the same city or within 50 Kms radius of the city where he/she has undergone articles prior to such termination.
j) If the articled assistant is not able to serve the articleship for specified genuine medical reasons thereby opting to discontinue the CA course for a period of at least three months, the termination of articles be permitted, provided that the medical grounds are such that warrant termination of Articleship.
k) In the event of misconduct involving moral turpitude, gross negligence or unsatisfactory performance of the articled assistant, his articles shall be liable to be terminated by his principal besides being cancelled or extended for such period as may be decided by the Institute. Board of Studies to decide and enumerate the acts constituting misconduct.
l) Termination of articles be permitted on such other justified circumstances as may be deemed genuine by the Council.
m) While forwarding the form no. 109 the principal shall state specifically the clause (the relevant clause mentioned above) under which the articles have been terminated.
sudipto bhattacharya
(studennt passed pe 2 ca)
(40 Points)
Replied 28 March 2009
However, there is no difficulty in joining dummy articleship
Ghazala
(Final Student / Articled Assistant)
(296 Points)
Replied 28 March 2009
sorry, u r worng... mr.sudip.
the institute wil call for random check - with such 'dummie's'.
read rule no.(f)
jibu
(article)
(22 Points)
Replied 12 April 2009
can we students do anything on this matter... anything...??? do u thing if we raise our voice .. will it be heard..?? if heard ... will the institute have a normal approach towards those who raise their voice...???... its too tough "working" in such environment.. most of the CA`s are torturing articles with extensions... and no credit given for excess time worked for them...
gautam.k.r
(PCC)
(78 Points)
Replied 17 April 2009
The voice to be raised is not about this, but all the members should follow strict timeings of that prescribed by the institute. If all the Notifications of the institute is being implemented this should also be implemented strictly...
RAJAN SHUKLA
(Partner)
(23 Points)
Replied 17 September 2009
really a rubbish rule that is because the rule is applicable to all those students who are under the training at that time if any thing stipulate the students that not good for all.
and other thing is that this will increase the dummy articles because every new students is in search for dummy
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
