Can I take transfer in CA Articleship?

There is no maximum limit stated on the transfer of articleship in the 1st year and the CA Student can take transfer as many times as he wants. No prior permission of ICAI is required in case the article assistant intends to take transfer in the 1st year of articleship and can directly submit the Form 109 to ICAI.

Can I terminate my Articleship?

Transfer /termination of articles is permitted without any restriction during the first year of articles. 1. Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital).

Can an articled clerk transfer his articleship to another firm?

TERMINATION OF ARTICLESHIP: In case the articled clerk has made a mistake in choosing the firm to work with, there is an opportunity to make good the mistake. The Institute has prescribed norms for taking transfers of articleship from one place to another only during the first year of articles subject to other conditions.

Can a CA articleship be transferred to an articled assistant?

In accordance with the decision of the Council, the transfer/termination in CA 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: – 1.

How can I transfer my articleship from one university to another?

Transfer/Termination of articles are permitted without any restriction during the first year of articleship by submitting Form No. 109 to the institute. ICAI Provides a facility to students, where the student can be ‘loaned’ by the Principal to another CA for a specified period.

What is the impact of an articleship in ca training?

Articleship is the golden period of a CA Student’s career. How a trainee undergoes it, would have an impact on what type of CA he/she is destined to become. Taking Articleship lightly would have an adverse impact on training and overall learning experience.