How can Articleship be terminated?

How can Articleship be terminated?

In order to take the transfer, the candidate has to fill Form 109 issued by ICAI for the termination of articleship. The termination letter is required to be submitted to the ICAI apart from the articleship training report as specified in the training guide.

What is the time limit for registration after termination of articleship?

As per ICAI norms if a student has taken termination within one year of their article ship .Then he has one month’s time to register in any other firm. One month starts from the last working day mentioned in the form by the principal. Can I restart my CA articleship again for 3 new years after working as an article in a firm for 1 month?

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How many firms can I transfer my Ca articleship within one year?

There is no restriction in transfer of firm for CA articleship within a year. You can transfer as many firms as you like within a year. After one year, you will have to give strong reason for transfer There is also no restriction in the gap you can take in between termination and rejoining a new firm.

How to terminate and transfer of articleship training in the second year?

Transfer During Second and Third Year – Rules are strict for Termination and Transfer of Articleship Training in the second and third year of Articleship Training. Rules stated by ICAI are as follows – The institute can grant a discontinuance for a minimum period of three months to the article assistant on the basis of some medical ground.

How many years of articleship training is required for a CA student?

Here, students beside clearing the CA Foundation /CPT, CA Intermediate /IPCC, and CA Final also need to undergo three years of articleship training which is a mandatory part of CA Curriculum and today, we are going to discuss the CA Articleship law rules and regulations which every CA student must know!

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