hii..I have some doubts about my articleship. I have started articleship but now i want to change my principal. Can i change?
Students Activities - Termination of Article ship within one Year CHECK LIST FOR FORM NO. 109 Transfer / Termination of Articles A. Transfer /termination of articles are permitted without any restriction during the first year of articles. B. During rest of the articles period, kindly visit the website and follow the guidelines for approval of the Institute. Information under all the columns of form/s have to be furnished and signed by the Articled Assistant and Principal (Page No.1,2 & 5) In case student signature differs from the Form 103 submitted earlier, employer should attest his old and new signature. Any corrections (including use of whitener) required to be made, while filling up the form/s have to be countersigned by all concerned. Kindly mention the number of days of leave taken by the Articled Assistant without fail. In case, the Articled Assistant has not availed any leave, mention in the leave column as 0 (Zero). Stipend column should be disclosed with either Crossed A/c. Payee Cheque or stipend deposited in the SB A/c. Stipend should not be paid in Cash. Details of work undertaken and Training Received by the Articled Assistant is mandatory. The Demand Draft should be drawn in favour of “The Secretary, The Institute of Chartered Accountants of India”, payable at CHENNAI. Note: Form 109 can be downloaded from http://22.214.171.124/7512form109_std.pdf Regards, Tushar Sampat M.com, CS, CA-Finalist, Numerologist & Handwriting & Signature Analyst
Hie Payal.. You can easily take transfer in first year of your internship without any restrictions. After one year if you want transfer then you should have valid reason for it.
Changing Articleship principal Hello you can take transfer within 1 year and then you have to file 109 form to icai in triplicate. your principal must sign this form . you have to calculate your leave also . and have to specify total leave taken till date . if you have completed 1 year then you have to make application to icai with genuine reason like death of principal ,transfer of your resident outside city .etc then only you can take transfer to other principal.
cahnging articleship principal is possible....1) with in 1 year you can freely transfer to any principal without satisfaction of conditions...2) if 1 year over you have to satisfy some of the conditions mentioned at icai guidelines you have to sumbit form 109 for this transfer.