CA Articleship Transfer Norms after the 1st Year of Articleship Period
Normally CA student are not allowed to take transfers from one CA to another CA during the 2nd year and 3rd year of their articleship period. But ICAI has provided certains term for taking transfer in 2nd & 3rd year of articleship training. In accordance with the decision of the Council, the transfer/termination of articleship in terms of Regulation 56(1) of the Chartered Accountants Regulations, 1988 shall be permissible to an articled assistant on satisfying any one or more of the conditions as stated below: - Medical grounds requiring discontinuance of articles for a minimum period of three months (on production of a Medical Certificate issued by a Government Hospital). Transfer of a working parent to another city involving a distance of minimum 50 kms (on production of a certified copy of the transfer order and the proof of relocation to another City). Misconduct involving moral turpitude. Other justifiable circumstances / reasons: - Grounds already permissible in ...