What is amalgamation?
Answers were Sorted based on User's Feedback
Answer / karthik.s
Amalgamation means one or more companies join to form a new
company is called as amalgamation is also called as
absorption. for exm:A is a one company and B is a another
company both r joints to form a new AB company that AB
company is called as amalgamation.
Is This Answer Correct ? | 9 Yes | 8 No |
Answer / nitin katore
Amalgamation means merging two company after winding up
proceeding of these company's.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / jagdish .s
When two are more companies carring out similar kind of
business.who jointly liquidate and form a new company is
called amalgamation.
* It eliminate the competation
* To reduce the cost
* To secure large share in the market.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / agyare betty okwaah
Amalgamation is when two companies with the same purpose
come together to achieve a stated objective.( this occurs
when the two companies are operating at a loss or are not
performing.
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Answer / asim
When Two or more companies merge with each other and form a
new company than it is Known as Amalgamation. Different
nature of businesses can also do the amalgamation.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / robbin
When two or more companies come together (not necessarily they running under loss) and start operating as a single entity to increase their business unit and market share.
Eg: TechMahindra (MBT), Airtel India - Zain in Africa deal, Videocon - Thomson SA of France amalgamation are some few examples.
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Answer / rancho
amalgamation is a process where two or companies of equal
strength come together and form a new company.. if a loss
makin firm merges with a profit makin firm..the merged firm
gets tax benefit
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Answer / sumit jain
Amalgamation refers to start a new company by merged two
companies who suffering from losses.
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Answer / prinkesh tayal
when two or more companies engaged in
similar nature of business join together and form a new
company for runing the business is called amalgamation.
This new company
takes over the business of the
amalgamated companies.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / harshal kamble
Amalgamation means one big company takeover the small
company to increase the business volume
OR
Amalgamation means one big company which is having a large
turnover,the company gives part of its operation to another
small companies.
Is This Answer Correct ? | 0 Yes | 0 No |
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