DEAR MEMBERS,
1. The Commissioner Co-operation, Pune has intimated to the WIRC, vide letter dated 19th May, 2010 to prepare fresh panel for the Audit of Urban Co-operative Banks having deposit exceeding Rs.25 Crores. The Division-wise and District-wise panel shall be prepared by September, 2010 and the Co-operative Department will notify the panel by November, 2010. The various scoring/marking points of eligible Firms are mention in said letter. According to said letter; "The allotment of UCBs will be made according to point scored by every firm. A firm having highest score will be allotted a bank with highest working capital/deposit and in the same descending order. The said letter is attached herewith and also hosted on www.wirc-icai.org .
2. The most awaited modified conditions relating to "Transfer/Termination of Articleship" under regulation 56(1) of ICAI has been notified by ICAI on institutes website on 2nd July, 2010. The relief has been given to students who wish to take transfer within 1 year of Articleship and some of new criteria/reasons have been incorporated to allow the transfer/termination of Articleship for the period after 1 year. The said announcement is attached herewith and also hosted on www.icai.org .
Regards,
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