What is amalgamation?
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Answer / guest
In general term , 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.
Is This Answer Correct ? | 302 Yes | 47 No |
Answer / surya
Amlgamation is nothing but joining of two companies.one
company join to another company after they are making a new
company is called AMALGAMATION.
For example:
one company called ABC .
another company called BCD.
Now, ABC is running loss only and BCD also running loss so
these two companies agreed to Amalgamation after these two
companies are made a new company called ABCD.
Is This Answer Correct ? | 229 Yes | 60 No |
Answer / a.rahman hanfi
When two companies come together and form a new company is
called amalgamation.And there is also a word used in such
cases which is different in meaning.That is absorption.
Is This Answer Correct ? | 65 Yes | 26 No |
Answer / prachi jindal
when two or more companies come together to form a new
company and as result there is a winding up of such
companies and a new company came in to existence is called
amalgamation.
There is a difference between Amalgamation and Absorption.
In the case of absorption only one company is winded up
i.e the transferee company and in case of amalgamation all
companies are winded up and a new company is formed.
Amalgamation may take place in two ways 1) Pooling of
interest method (merger) 2) purchase method. Amalgamation
when in the nature of purchase is called Absorption or
Aquisition.
Is This Answer Correct ? | 30 Yes | 4 No |
Answer / raj kumar jodhpur
In general term , when two or more companies engaged in one
company
OR
amalgamation is tow or more company are marger in a one
company no need for same nature of business
Is This Answer Correct ? | 33 Yes | 20 No |
Answer / nchitla@gmail.com
What is amalgamation?
Answer
# 7 In general term , when two or more companies engaged in
one
company
OR
amalgamation is tow or more company are marger in a one
company no need for same nature of business
Is This Answer Correct ? | 25 Yes | 15 No |
amalgamation is tow or more company are marger in a one
company a new company is called amalgamation,need for same
nature of business
Is This Answer Correct ? | 27 Yes | 18 No |
Answer / vishal madhukulin
when two or more than two company join themselves to share a
certain part of profit is called amalgamation.the main
reason of amalgamation is cut throat competition in a
market.as an example A is a company and it faces economic
crisis(lack of money)then it no longer run itself at this
situation the company tries to joint itself with another
company o make profit.this particular activity is called
amalgamation ofa company.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / ramakrishna
Two or more companies going into liquidation and merging
together as one is called amalgamation.
Is This Answer Correct ? | 9 Yes | 4 No |
Answer / appiah richard
Amalgamation is the coming together of two different
companies who in their own are not performing better so
they emerge these two companies with a common purpose of
making thier business follows the going concern principle.
Is This Answer Correct ? | 4 Yes | 0 No |
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