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Transfer of Articleship

LIJO (ARTICLE) (60 Points)

30 October 2009

My Principal is ready to give me transfer of articleship. But intitute rejected my application. What should I do now?

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4 Replies

CA Dhiraj Ramchandani (CA, M. com) (10823 Points)
Replied 30 October 2009

What???

But why institute is denying when boss-article are ready... I don't know the OFFICIAL way to deal with this situation... Haan unofiicial to bahut kuch ho sakta hai, u too know that..

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CA Trinath Galla (student) (3130 Points)
Replied 30 October 2009

have institute quoted any reason for its denial?? think it should do that for sure

CA Sandhya S (Chartered Accountant) (130 Points)
Replied 30 October 2009

There are new rules for transfer of articleship....

Your transfer will be approved only for one of the following reasons

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.
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.
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.
Termination of articles be permitted on such other justified circumstances as may be deemed genuine by the Council.
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.