Industrial training

I wanna pursue industrial training but have the following concerns regarding the same: 1. Some say that you can opt for industrial after 18 months of your articleship and some say you can pursue it in the last year of your articleship. So which one is correct because if it is 18 months, then I can join from this October otherwise if it is the last year of articleship, then I will have to wait till April, 2024 and I don't wanna wait till then. 2. If it is 18 months, then it means I can join after 1.5 years of my articleship and the maximum duration for industrial is 12 months which sums up to 2.5 years of articleship. So will I have to go back to my principal and complete the remaining 6 months? 3. When I opt for industrial training, does it mean that my existing contract with my principal has ended or am I still bound by the same? 4. Does my current principal have the right to stop me from pursuing Industrial? Cause I am damn sure my principal would not allow me easily for industrial training but if there is a rule which preserves my right to pursue industrial, then I can use it while asking him for my industrial training. 5. Lastly, If I want to pursue my career in the field of finance, which firm would be the best for me to join for industrial training and what preparations should I do for the interview process?

Aditya Mishra

CA Final

★ 2K+

11-Aug-23 11:44

588