Can an article take transfer after one year?

There is no maximum limit stated on the transfer of articleship in the 1st year and the CA Student can take transfer as many times as he wants. No prior permission of ICAI is required in case the article assistant intends to take transfer in the 1st year of articleship and can directly submit the Form 109 to ICAI.

Can we discontinue CA Articleship?

Yes! If you haven’t completed your first year, then you can easily take a transfer to another firm by filling Form 109. But if you’ve already completed your first year, then you have to terminate your current articleship by filling Form 108.

How to take a transfer in 2nd year of articleship?

there is some conditions to take transfer in 2nd year of articleship, Before getting 109 signed by principal for transfer one should take ICAI permission,.other wise transfer of articleship is not permitted. once you get the permission from ICAI you can submit a 109 and can take a transfer.

Can I transfer an articled assistant without the consent of the principal?

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.

Is the transfer of articleship of Chartered Accountants permitted?

In partial modification of the announcement dated 30th June 2009 regarding transfer / termination of articles 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

What is the procedure for transfer of articles in CPA?

As per terms of Regulation 56 (1) of the Chartered Accountants Regulations, 1988, transfer /termination of articles is permitted without any restriction during the first year of articles. The articled assistants are required to get the permission from the Institute before getting Form 109 signed by the Principal in their own interest.