Can I terminate my Articleship?

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

How can I terminate Articleship in 1 year?

No letter stating the reason for transfer within one year of articleship is required or asked by ICAI. For termination you have to fill form no 109 and get it signed by current principal and send it to ICAI. After joining new principal you have to submit form no 102 &103 once again to ICAI under new principal.

How many years does it take to complete CA articleship?

An assistant has to complete the duration of CA articleship, he can take a break of some time just to complete the training time of 3 years. What is the ICAI articleship stipend?

What are the rules of ICAI for transfer of articleship?

CA Articleship Transfer Rules. ICAI has issued some rules in respect of the transfer of Articleship Training. As per ICAI guidelines, there is no restriction on the transfer of Articleship in the 1st year of Practical Training. Which means that a CA student can take the transfer in its first year without obtaining prior permission of ICAI.

Who can commence articleship training after qualifying CA Intermediate?

Such students can commence their Articleship Training after qualifying any group of CA Intermediate. Direct Entry Route Students are those who have granted exemption from appearing into the entrance test and directly enroll for the CA Intermediate.

How to terminate an articled assistant’s articleship?

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.