What is the termination process in CA Articleship?

What is the termination process in CA Articleship?

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.

Can Article take transfer in 2nd year?

Yes, you can take transfer in article ship, for this you will take prior approval from Institute, thereafter you will file Form-109. I. Transfer /termination of articles is permitted without any restriction during the first year of articles.

READ ALSO:   What are some differences between the US and China?

What is the procedure after completion of Articleship?

After completion of articleship, student has to submit form – 108 through SSP portal. Form – 108 has to be submitted within 30 days from the date of completion of articles. If the form is not submitted within 30 days, then condonation fee is payable.

What is the procedure for completion of Articleship?

On completion of Articleship, a CA Student is required to submit Form 108 to ICAI in which he is required to furnish all relevant details pertaining to Articleship. This Form 108 is mandatorily required to be submitted by a CA Student with ICAI on completion of the articleship.

How to file service certificate in case of death of principal?

In case of death of the Principal, the articled clerk is required to submit a service certificate in the prescribed Form No. 110 or 111. The certificate in Form No. 110 is required to be issued by the Legal Representative.

READ ALSO:   What symptoms does Vraylar treat?

What is the procedure for 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. Submit the articleship form at the appropriate regional office.

What is the procedure to execute the deed of articles?

The deed of articles is required to be executed in Form No. 102 on a non-judicial stamp paper of the value applicable in the City / State where the employer is practicing. The original deed has to be retained by the Principal and a copy with the student.

What is the role of Article assistant in case of principal?

The article assistant can also apply for the transfer or termination in case of death of the Principal under which he/she is registered.