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transfer

raksha (a) (82 Points)

10 May 2007

hi can any 1 pls tell me da procedure of transfer of articleship its been 18 days i have joined 4 articleship can i quit pls help

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3 Replies

Abhijit Kanhegaonkar (78 Points)
Replied 10 May 2007

Termination of Articles see (Regulations 51, 56 & 61)
Termination of Articles will take place in the following cases:
i. By mutual consent between the articled clerk and the Principal. This may require transfer from one Principal to another

ii. On the articled clerk opting for Industrial Training.

iii. If an articled clerk has completed the registered period of three years of articles and has taken leave more than his entitlement, Form 108 has to be submitted and the entries regarding termination have to be made. In such a case, he will be required to serv the excess leave period in continuation to previous articles will the same. Principal (under Regulations 58) or with the other Principal under Regulation 46(6)

Circumstances requiring transfer from one Principal to another
a. The Principal ceases to be practice.
b. Name of the Principal is removed from the Register of Members.
c. On the death of the Principal.

[b]Requirements:
1. The articled clerk is required to obtain a service certificate in Form No. 109 duly issued by the Institute.
2. The certificate is required to be submitted imeediately on termination of articles alongwith the practical training report as specified in the Training Guide. [/b]3. In case of death of the Principal, the articled clerk is required to submit a service certificate in the prescribed Form No. 110 or 111. The certificate in Form No. 110 is required to be issued by the Legal Representative. In case of the partnership firm the certificate in Form No. 111 is required to be issued by the Surviving Partner.

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Agulati (43 Points)
Replied 10 May 2007

The only way to get transfer is to get Form No. 109 signed and stamped from your current employer for which his consent is must.

Ankit Ca (37 Points)
Replied 10 May 2007

Hi Sam here,
Read regarding the transfer for ur articleship. My answer to the same is you can transfer ur articleship.
The procedure in simple terms is as folows:
1) U have to take a no objection letter from ur present principal regarding the transfer.

2) Then the same letter is to be handed over to the institute from where they will be given form no.109 duly stamped with the date and signature of the issuing officer.

3) After receiving the form u have to duly fill the form, signed by ur present principal, this form will also contain the number of weeks training taken by u under the present principal.

4) After u complete the filling of Form u have to submit it in the articles section of the institute, but this should be done within 30 days of receipt of the form.

5) i.e. if u collect the from no.108 from the institute on 1st jan 2006 then the last date before u should submit the same is 1st feb2006. *just a example*

6) This will complete ur termination procedure

7) then fresh articles is to be registered once again by filling the forms 102 and 103

bye..........................