What is amalgamation?
Answers were Sorted based on User's Feedback
Answer / haider mehdi naqvi
when two or more companies having similar interest come together to carry on a business.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / prof. t.narasimhaiah.principal
amalgamation is the process of merging of two or more companies engaging in similar or dissimilar business by forming a new company, to take over their business, for the achievement of certain objectives.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / shiwanki rajput
two or more companies doing similar business n in order to
cut competition in the market ,merging in one company to
increase heir financial strenght n liquidity is called
amalgamation.
| Is This Answer Correct ? | 12 Yes | 14 No |
Answer / shahzadullah
Combining things or business merger. It is also used to
refer to a process of removing gold from ore.
| Is This Answer Correct ? | 4 Yes | 6 No |
Answer / nivedhya b.krishna
the merging of two or more business in to a single entity
| Is This Answer Correct ? | 3 Yes | 5 No |
Answer / benupani
when two existing companies coming together to form a newly
created company for doing the same business is called
amalgamation of companies.reason may be to combine their
capital and improve strength,to do better performance and
so on.
| Is This Answer Correct ? | 6 Yes | 8 No |
Answer / adenike gbadebo
amalgamation simply means coming toghther of two or more
companies to form another company.the coming together might
be as a result of winding up of the two companys,but the
merging set in so as make the new company formed to be
better and stronger
| Is This Answer Correct ? | 4 Yes | 7 No |
Answer / prittam chand
When two or more companies are engaged in the similar
nature of business join together and form a new company it
is called the amalgamation of companies. This new company
takes over the business of all amalgamated companies.
| Is This Answer Correct ? | 4 Yes | 8 No |
Answer / arvind sharma
amalgamation is an arrangement in which to or more companies
companies comes together to form a new company to take the
benefit of market and reduce the competition among them.
| Is This Answer Correct ? | 1 Yes | 6 No |
Answer / phani bhushan
amalamation means take up the company from another
comapnay, that means the company name is not changed in
externally
| Is This Answer Correct ? | 1 Yes | 6 No |
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