CMA KNVV Sri Vidya - Sri Kanth (C.A.Final (New) ICWAI FINAL (New)) (11269 Points)
01 July 2009Transfer/Termination of Articleship - (01-07-2009)
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: -
CMA KNVV Sri Vidya - Sri Kanth
(C.A.Final (New) ICWAI FINAL (New))
(11269 Points)
Replied 01 July 2009
Transfer/Termination of Articleship - (01-07-2009)
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: -
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
30th June 2009
PRAVIN
( M.Com ML MBA(Finance))
(352 Points)
Replied 01 July 2009
Thank you for your kind information.
Mayank Ahuja
("Learner")
(586 Points)
Replied 01 July 2009
kuch change hai kya?????????????????????????????
there is no relaxation...............................
ritesh
(ca final articled assitant)
(176 Points)
Replied 01 July 2009
yaar i also want to know the same...............Is now transfer allowable in normal cases or is this notification same as the previous one???????
prathamesh shelar
(CA)
(164 Points)
Replied 02 July 2009
Can someone tell me plzz
What is secondment of articles
praveen
(Chartered Accountant)
(6971 Points)
Replied 02 July 2009
yeah i dont think there is any relaxation at all....
i had submitted my re-regiseration form in icai 2 months ago and i have still not recieved my registeration letter.
what could be probable reasons for such delay as i am very tensed about it.as if i did not recieve my letter all my efforte will turn futile.all my studies will get wasted.
pls reply as soon as possible
Manmohan ACA, CS
(Chartered Accountant )
(14243 Points)
Replied 02 July 2009
Precious piece of information
antima deorah
(article)
(29 Points)
Replied 02 July 2009
this is so bogus!!
they hav only added certain other impossible n useless conditions under the 4th clause.. this is not helping us in anyway...
Aashish Dinanath Tripathi
(Articled Assistant and NCFM(CMDM))
(233 Points)
Replied 02 July 2009
Actually there are only two minor points covered in it.
1. Existing articles who got converted to IPCC and took / take transfer on this ground can resume their articles only after passing their first group. Hence PCC students converting to IPCC will now be considered as Fulltime IPCC students if they ask for tranfer on the conversion grounds.
2. Moral tupitude (Only from the article) can be used as a reason to put forth the application before the Jury.
3. Moreover fresh points added are If they want to take secondment or IT they can freely take tranfer.
Inshort the rules hav become even more stringent and all the talks of allowing One tranfer during the entire articles period has as always been proved to be untrue.
Also, now the students who took transfer on the mere grounds of conversion are in a soup. Lets say even if they pass their exams (i.e IPCC Both or one group) even then they can resume their articles only after results hence around 2-3 months will be wasted.
So students, enjoy and Have PHUN.
Radhe radhe.
Long Live ICAI.
Hail His Highness CA Uttam Prakash Agarwal
Aashish Dinanath Tripathi
(Articled Assistant and NCFM(CMDM))
(233 Points)
Replied 02 July 2009
Ya Hakuna Matata for u r Irregular payment of stipend.
The ICAI considers the minimum stipend as Rs.1000 or Rs.750.
Now, Suppose X an Articled Asst. gets Rs. 2000 as stipend and he is serving his principal CA Mr. A for 8 months and has received stipend only for 2 months i.e Rs 4000 then he can claim a tranfer on this grounds only if he doesnt receive stipend till his 10th Month.
If he is not receiving his stipend for more than 6 months then he can put up the matter before the Jury.
Hence this is the most illogical clause ever even more foolish than the difference between Non Ordinary Resident and Non Resident.
SO Enjoy.
Have PHUN>
Radhe Radhe.
HAIL TO ICAI and Long Live UTTAM Ji.
Aashish Dinanath Tripathi
(Articled Assistant and NCFM(CMDM))
(233 Points)
Replied 02 July 2009
Ya
Radhe Radhe
Have Phun.
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