Mahesh
asked
Hello, I have completed 7 months of articleship training. And i want to terminate my articleship training due to some personal problems. If i terminate now from my articleship training, then does my registration for CA Final will also get terminated or what? And in future if i start my articleship again, then do i have to register for CA Final again? and do i have to register for my articleship again? as i have done 7 months articleship does it get credited if i start my articleship again?
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karishma
answered
Hi,
No if you terminate your articleship then your final registration will not be terminated. once you register for CA final it is valid for 5 years.and in future if You start articles again then u need not to register for CA final again You have to send form 103 to ICAI.
and as u have completed 7 months of articles you have to complete only remaining articles as per ICAI.
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Shreenath
answered
Nothing will cancelled due to termination of your articleship. . . . . . . . Your 7 month articleship in old CA firm is adjustable and u can do restart your articlesip in any firm. . . .
Krunal
answered
No, there is no need to register for CA Final again. But you have to re-register for the Articleship if you join again to other CA Firm. Goot news is you need not have to pay the registration fee for the Articleship again. Also there is no need for you to start from scratch again.
You have to complete the remaining period of your Articleship ( 3 years - 7 months = 2 years 5 months ). During the first year of Articleship, there are no restrictions for transfer or termination. It is enough if you and your Principal agrees for the transfer. there is no need for you to send Form 109 to the Institute for termination of your Articleship
