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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