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What is amalgamation?
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Answer / anshuman gupta
when two or more company join together for same line of
enterprise for a common purpose is know as amalgamation
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Answer / anuj kumar
Amalgamation means when two or more than two commercial
companies are marge and make one new company is called a
amalgamation.
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Answer / mostansir rahman
When two companies agree to run the business jointly in
order to achieve synergy it is called amalgamation. It may
take form as merger & acquisition in English Law.
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Answer / naresh ramisetty
there is no specific definition for amalgamation under
companies act 1956. in general amalgamation involves merger
and acquisition.
merger means two or more existing companies joined together
to form a new company.
example: a&co. and b&co. joined to form a new company
called ab&co.
acquisition means one or more existing companies goes into
liquidation and being merged with another existing company.
example:x&co joined with y&co.
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Answer / prashanth
Amalgamation is an arrangement under which two or more
existing companies carrying on similar business go in
liquidation into a new company to take over their existing
businesses
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Answer / pratik poojary
amalgamation means combination or merger
amalgamation a new company is formed to take over the
business of 1 or more old companies
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Answer / yogesh kumar
amalgamation refers to merger of two or more existing companies.when two or more existing companies liquidate and form a new company,it is colled amalgamation.
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Answer / veda
when two or more companies mutuly agree to form a new company it is called amalgamation.
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Answer / shanid
Amalgamation is taken to mean the union of two or more
companies,so as to form a third entity or one company is
absorbed into another company. thus, the formation of a new
company is not absolutely necessary for amalgamation.
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Answer / muhammad usman
amalgamation came into existence when two or more
companies, different in nature, came to merge their
businesses to capture the market.
for instance:
a liquid milk making company and a tea making compny join
together to make a new product like mixture of tea and milk.
that particular product will try to capture the both
markets i.e; liquid milk and tea.......
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