Termination of articles

Karan Teli (Life Is just an Illusion...!!)   (4573 Points)

05 February 2012  

Greetings of the day...!!

I have my articles getting terminated in mid march and have some excess leave which is not calculated exactly. I do not want to serve my excess leave period under my present principal since i wish to learn something different now. My Query is that - can i serve my excess leave under other principal of other firm, - What forms on date of termination needs to be submitted on to ICAI, - verify if the following calculations are correct or not -

Total No. of days during articleship (PCC) - 1278 Days of leave taken - 296 Less - Days of exams (15days * 3 attempts) - (45) 251 Actual period served - 1027 Leaved earned (1/6th of actual period served) 171 ( 1027/6) Leave taken (251) Excess leave 80 days -

If there arises any disputes between me and principal who would be the addressing authority. Please clarify the same at the earliest.