What is Amalgamation

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Answer / romesh.....bangalore

amalgamation is a process in which two companies are marged
in each other and make a new company

Is This Answer Correct ?    16 Yes 0 No

Answer / anandgurrala

Amalgamation refers to the Combination of two or more
Companies into new Comapany.

EX:-"A" Comapany and "B" Company merged together to
form "C" Company.

Amalgamation are of two types

1)Amalgamation in the nature of Merger
2)Amalgamation in the nature of Purchase

Is This Answer Correct ?    7 Yes 0 No

Answer / sachin

amalgamation means two different companies merged together
and establish new company

Is This Answer Correct ?    6 Yes 0 No

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