transfer of articles

castudent86 (csc) (38 Points)

22 February 2010

i need to know whether we are allowed a transfer in the period of extension of articleship.... please advice

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CA Dhiraj Ramchandani (CA, M. com) (10823 Points)
Replied 22 February 2010

NOPE, NOT ALLOWED

castudent86 (csc) (38 Points)
Replied 22 February 2010

58. Supplementary Articles

(1) An articled clerk who has taken leave in excess of the period of

leave to which he is entitled under Regulation 59 shall be required to serve

for a further period equivalent to the excess leave taken by him.

(2) If the period of the excess leave taken is sought to be served under

the principal with whom such articled clerk -last served his articles, a

supplementary deed of articles in the form** approved by the Council shall

be executed in continuation of the previous articles.

(3) The supplementary deed, duly stamped, shall be sent to the

Secretary for registration so as to reach him within 60 days of the expiry

of the previous articles. No fee shall be charged for the registration of such

supplementary deed of articles:

PROVIDED that the Executive Committee may condone the delay in

sending the supplementary deed in appropriate cases.

(4) If the articled clerk chooses to serve under any other member

entitled to engage articled clerks under Regulation 43, the provisions of

Regulation 46 shall apply 'mutatis mutandis' except that no fee shall be

charged for registration of articles under the said regulation.

CAN SOME1 PLS VERIFY D ABOVE???

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