Transfer after one year

Articleship 584 views 2 replies

Respected Sir,

 

I have completed 18 months Training in a C.A. Firm and worked in field of  "Audit" AND "Company Law Matters" only and in the remaining period of my articleship I am also going to do the same only.

 

While matters related to "Taxation","Finance", etc. can not be gain by me in training period I wanted to get transfer but, as per transfer rules I could not do so as one year of Training has expired.

 

Please, Suggest me is their any scope I can get transfer or my training knowledge will be limited to "Audit" AND "Company Law Matters" only.

 

Thanks.

 

Replies (2)

Radhe Radhe

Yes u can take the transfer but there are some pre-defined conditions which needs to be fulfill, then only u will be eligible for taking the transfer. 

First, u need to take the permission from the institute, then only u and ur CA will sign the form 109

Conditions are:

 

Transfer/Termination of Articleship
[Regulation 56(1)]
In accordance with the decision of the Council, the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible to an articled assistant on satisfying any one or more of the conditions as stated below: -
  • Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital).
  • Transfer of a working parent to another city involving a distance of minimum 50 kms (on production of a certified copy of the transfer order and the proof of relocation to another City).
  • Misconduct involving moral turpitude.
  • Other justifiable circumstances / reasons: -
    • Grounds already permissible in the Chartered Accountants Regulations, 1988 (on submission of requisite proof of the act warranting transfer/termination of articleship): -
      • Industrial Training (Regulation 51)
      • Secondment of articles (Regulation 54)
      • Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to be allowed only after passing Group-I of IPCC)
      • Death of Principal [Regulation 57(1)(c)]
      • Ceasing of practice by the Principal [Regulation 57(1)(a)]
      • Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)]
    • Marriage basis (only if there is relocation to another city involving distance of 50 kms).
    • Irregular payment or non payment of stipend with reference to Regulation 67.
    • Articled assistant desires to serve balance period of training outside India.
    • Shifting by the Principal to another city involving distance more than 50 kms.
The articled assistants are required, in the first instance, to get the consent of the Institute before getting Form 109 signed by the Principal, in their own interest.
 
The request, on any one or more of the aforesaid grounds, of an articled assistant on a plain paper with recommendations of the Principal for transfer / termination of articleship accompanied by evidence/proof (self-attested by the articled assistant) to the satisfaction of the Institute be made.
 

Secretary

 

 

Shri Radhe

From my point of view it is good if u opt for the secondment of articleship.

 

It is a good option for u

 

Radhe Radhe


CCI Pro

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