Transfer Procedure




Transfer/Termination of Articleship [Regulation 56(1)]


In partial modification of the announcement dated 30th June 2009 the Council in its recent meeting has decided that the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible on the grounds as stated below: -

 I. Transfer /termination of articles is permitted without any restriction during the first year of articles.


II. During rest of the articleship period on satisfying any one or more of the conditions as stated below: - 



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). 
2. Transfer of parent(s) to another city. 
3. Misconduct involving moral turpitude. 
4. Other justifiable circumstances / reasons: -

  (i) Grounds already permissible in the CA Regulations,1988 (on submission of requisite proof       of the act warranting transfer/termination of articleship): - 

  • Industrial Training (Regulation 51)
  • Secondment of articles (Regulation 54)
  • Conversion from PCC to IPCC (for termination of articles only. Re-registration of articles to  be allowed only after passing Group-I of IPCC) 
  • Death of Principal [Regulation 57(1)(c)] 
  • Ceasing of practice by the Principal [Regulation 57(1)(a)] 
  • Removal of name of the Principal from the Register of Member due to any reason [Regulation 57(1)(b)] 
(ii) Marriage basis (only if there is relocation to another city involving distance of 50 kms). 
(iii) Shifting by the Principal to another city involving distance more than 50 kms. 
(iv) Irregular payment or non payment of stipend with reference to Regulation 67. 
(v) Articled assistant desires to serve balance period of training outside India. 


Please consider following -
  • The articled assistants are required to get the consent of the Institute before getting Form 109 signed by the Principal in their own interest. (Applicable if 1 year of articleship got completed)
  • The request, on any one or more of the aforesaid grounds, of an articled assistant on a plain paper alongwith the recommendation/ consent of the Principal for transfer / termination of articleship accompanied by evidence/proof (self-attested by the articled assistant) to the satisfaction of the Institute be made. 
  • Request for transfer not accompanied by consent of Principal shall not be accepted.
  • In case of dispute between principal and articled assistant, the matter be settled amicably among the articled assistant and the principal concerned and the Institute shall not interfere in such cases

Procedure

For Trainee in 1st year of articleship.

1.Prepare an application requesting transfer from ICAI on your principal's letterhead signed by    you & your principal.
2.Enclose form 109 in original copy with application.
3.Forward it within 30 days from the day of transfer to your regional chapter (eg: Mumbai for   West, Kanpur for Central)
4.You will receive confirmation from ICAI regarding transfer at-most 30 days.


For Trainee after 1st year of articleship.

1.Prepare an application seeking approval from ICAI stating reasons on your principal's        letterhead signed by you & your principal.
2.Enclose original proof ( if not possible the attested copies) for the reason of transfer.
3.On receiving approval fill Form 109 & Send it along with copy of approval letter to        concerned regional chapter within 30 days from the date of transfer(Date of transfer     must   be   after date of approval by ICAI).
4.You will receive confirmation from ICAI regarding transfer at-most 30 days.