What is amalgamation?
Answers were Sorted based on User's Feedback
Answer / shafique
Amalgamation refers to an event or transaction in which two
or more companies are brought under common control in a
single legal entity where shareholder of amalgamating
(transferor) company are alloted shares in the amalgamated
(transferee)company.
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Answer / rahmath nisha s
Amalgamation is one healthy company is takeover the another
one sick company with the permission of sick company but
the sick company get some shares from the profit and one
thing is sick company is under of healthy company
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Answer / kavya
AMALGAMATION IS THE PROCESS BY WHICH TWO COMPANIES, WHETHER MAKING PROFIT OR LOSS IN THEIR OWN BUSINESS, DECIDE TO AMALGAMATE (COMBINE)THEIR BUSINESS AND THUS START A NEW BUSINESS ENTITY OR A COMPANY..
FOR EXAMPLE:A LTD. & B LTD. WANTS TO AMALGAMATE THEIR BUSINESS SO THEY WILL FIRST LIQUIDATE THEIR BUSINESS & THEN START A NEW COMPANY CALLED AB LTD.
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Answer / varun jindal
amalgamtion is the formation of new company whether
existing or newly incorporated from two or more companies
jointly together whether in going concern or liable to
winding up with transfer of all assets and liabilities of
transferor company to transferee company.
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Answer / rajesh
when two or more exesting companies combinely merging for
smooth running of business operations is called
amalagamation.
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Answer / abhigyan
When two or more companies doing similar business go into
liquidation and a new company is formed to take over their
business.
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Answer / tom
This is the combining of two or more companies in order to
reap the benefit of large scale( scales of economy)
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Answer / jyothi
Amalgamation is clabbing of two or more companies which is
engaged in similar nature of business join together and form
a new company for runing business.
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Answer / preity
when one or two company suffars iosses..than thay make
together and form new company is called amalgamation.
e.g- asd & dsa r two company. and they suffers loss so these
2 company amalgamate n forms new company called aqw.
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Answer / narayan mukhi
liquidation of two or more co. &formation of new co.as well
as liquidation of one or more than one co. and no formation
of new co. it is called amalgamation of a co. as per AS-14
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