Page 191 - Quick Insights Book 2022

Ann. 15 – ICAI Rules of Merger & Demerger of CA Firms

FORM `F’
NOTICE FOR DEMERGER

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
[See Rule 4(i) of Rules of Merger and Demerger amongst the firms registered with
The Institute of Chartered Accountants of India]

1. We the following persons
Name(s) Membership No.(s)

_____________________ _____________________
_____________________ _____________________
being partners of M/s ______________ which merged with the firm M/s _____________ as per merger agreement dated
willing to demerge with effect from ____________
2. We are the partners of the erstwhile Merging firms, M/s ____________________ merged with M/s. _____________ &
constitute the merged firm __________________ with effect from _____________. The Merger Agreement dated a n d
Form 18 were filed before the Institute on ___________________

3. We constitute 75% or _____________ % of the continuing partners of the erstwhile firm M/s. _______________
4. This demerger is within a period of 5 years from the date of merger.
5. We desire that our pre-merger name be allotted to us.

Place: ______________________
Date: ______________________

______________________
Signature of all the Partners of the
Erstwhile Firm M/s. ______________willing to demerge.

178 Quick Insights on Professional Opportunities for Chartered Accountants