To be printed on Rs.100 stamp paper

Form `E’

MERGER AGREEMENT

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

[See Rule 3 of Rules of Merger & Demerger amongst the firms registered with The Institute of Chartered Accountants of India]

We, (1) CA. MANOJ SINGH (2) CA. RAHUL GOEL (3) CA. SACHIN KUMAR (4) CA. GAURAV AGGARWAL  partners of M/s M R S G & ASSOCIATES and proprietor of (1) M/s. MANOJ SINGH AND ASSOCIATES (2) M/s. RAHUL GOEL & CO. (3) M/S SACHIN KUMAR & ASSOCIATES. (4) M/S GAURAV AGGARWAL & CO. respectively, execute this Merger Agreement on this 20^th day of Sep, 2022  at 501A,  RDC, Raj Nagar, Ghaziabad.201001 (U.P) :

1. M/s M R S G & Associates, a Partnership firm of Chartered Accountants having its registered Head Office at 501A, RDC, Raj Nagar, Ghaziabad. 201001, duly registered with the Institute of Chartered Accountants of India vide Firm No. 000000C in Central region (which expression shall include its successors, heirs and assigns).

The date of establishment, name of the partners, their membership no., is as follows:-

(i)     Date of establishment – 20th-Sep-2015

(ii)   Name of the Partners:

        (1) CA. MANOJ SINGH                                 Membership No.- 000000

  (2) CA. RAHUL GOEL                                   Membership No.- 000000

  (3) CA. SACHIN KUMAR                             Membership No.- 000000

  (4) CA. GAURAV AGGARWAL                    Membership No.- 000000

1. M/s MANOJ SINGH & ASSOCIATES, a Proprietorship firm of Chartered Accountants having its registered Head Office at 501A, RDC, Raj Nagar, Ghaziabad. 201001, duly registered with the Institute of Chartered Accountants of India vide Firm No. 000000C in Central region (which expression shall include its successors, heirs and assigns).

The date of establishment, name of the proprietor, their membership no., is as follows:-

(i)     Date of establishment – 10-Nov-2013

(ii)   Name of the Proprietor - CA. MANOJ SINGH                          Membership No.- 000000

1. M/s RAHUL GOEL & CO., a Proprietorship firm of Chartered Accountants having its registered Head Office at RDC, RAJ NAGAR, Ghaziabad. 201001, duly registered with the Institute of Chartered Accountants of India vide Firm No. 000000C in Central region (which expression shall include its successors, heirs and assigns).

The date of establishment, name of the proprietor, their membership no., is as follows:-

(i)     Date of establishment – 22-Oct-2013

(ii)   Name of the Proprietor - CA. RAHUL GOEL                            Membership No.- 000000

1. M/s SACHIN KUMAR & ASSOCIATES., a Proprietorship firm of Chartered Accountants having its registered Head Office at Laxmi Nagar, DELHI 110092, duly registered with the Institute of Chartered Accountants of India vide Firm No. 000000C in Central region (which expression shall include its successors, heirs and assigns).

The date of establishment, name of the proprietor, their membership no., is as follows:-

(i)     Date of establishment – 02-April-2014

(ii)   Name of the Proprietor - CA. SACHIN KUMAR                       Membership No.- 000000

1. M/s GAURAV AGGARWAL & CO., a Proprietorship firm of Chartered Accountants having its registered Head Office at Nehru Nagar, Ghaziabad. 201001, duly registered with the Institute of Chartered Accountants of India vide Firm No. 000000C in Central region (which expression shall include its successors, heirs and assigns).

The date of establishment, name of the proprietor, their membership no., is as follows:-

(i)     Date of establishment – 09-April-2014

(ii)   Name of the Proprietor - CA. GAURAV AGGARWAL             Membership No.- 000000

Now, therefore, in consideration of mutual promise herein made and the consideration hereunder expressed, the parties hereto mutually covenant and agree as follows:

1. That the name of the merged firm will be “M/S M R S G & ASSOCIATES”   and the date of establishment of the merged firm is the date of establishment of the oldest firm i.e. 22nd  Oct, 2013.

1. That this merger will come into force w.e.f. 20th  September, 2015, thereafter, the merging firm i.e. M/s MANOJ SINGH & ASSOCIATES, M/s RAHUL GOEL & CO., M/s SACHIN KUMAR & ASSOCIATES. and M/s GAURAV AGGARWAL & CO. cease to exist and a separate partnership deed has been executed on 20th  September, 2022 amongst the partners of the merged firm.

1. That the following persons are the partners of the merged firm:

1. CA. MANOJ SINGH                                   Membership No. 000000
2. CA. RAHUL GOEL                                     Membership No. 000000
3. CA. SACHIN KUMAR                               Membership No. 000000
4. CA. GAURAV AGGARWAL                      Membership No. 000000

We, all the partners of the merged firm “M/S M R S G & ASSOCIATES” understand that this merger has the following consequences in pursuance to the decision of the Council of the Institute: -

1. That the name of the erstwhile merging firms will be frozen by the Institute.

2.   And in case 75% or more of the continuing partners of one or more erstwhile merging firm(s) are willing to demerge, they may demerge after giving due notice and will be entitled to the following benefits :

(i)   They shall be entitled to the total seniority acquired i.e. their earlier pre-merger seniority and the years during which they were in merged firm.

(ii)  They are entitled to their old firm’s name.

Provided in case, 75% is a fraction, then the same shall be rounded off to the next number.

3.   That the date of establishment of the new demerged firm shall be the date of demerger.

4.   That the demerged firm is entitled to seniority of pre-merger and merger period for the empanelment and    

       other professional purpose.

5.   That to effectuate such demerger, no concurrence/acceptance is required from the other continuing partners of the merged firm.  The partners of such demerged firm shall execute a partnership deed. The merged firm as well as the demerged firm shall submit fresh Form 18 as prescribed under the Chartered Accountants Regulations, 1988 to the Institute within the prescribed period.

6.   In case of 75% or more of the continuing partners of one of the erstwhile merging firm have demerged after giving due notice to the other partners, then in such case, the merger shall come to an end and if the remaining erstwhile merging firms/partners of the erstwhile merged firm decided to continue, then they should enter into a fresh Merger/Partnership Agreement and shall submit fresh Form 18 as prescribed under the Chartered Accountants Regulations, 1988 to the Institute within the prescribed period.

7.   That the demerger in the manner hereinbefore mentioned can be demanded only within a period of 5 years from the date of merger.

IN WITNESS WHEREOF, the Partners of the Merged firm “M/s M R S G & ASSOCIATES” 

hereto set their hands on this agreement in the presence of the witnesses.

1.                                                                                             1. ( CA. MANOJ SINGH )

2.                                                                                             2. ( CA. RAHUL GOEL )

                                                                        3. ( CA. SACHIN KUMAR )

                                                                        4. ( CA.GAURAV AGGARWAL  )

                                                                                            Partners of “M/s M R S G & ASSOCIATES”