Answer Posted / 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.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is the education qualification required for po exam?
what is Actuarial life tables?
What is a Reverse Repo Rate? What is SLR Rate?
What are NBFCs?
Explain balanced capitalization.
How will banks help to improve the society?
What are the indicators of inflation?
What is bank and its features and its types?
What do you understand by capital market line?
Critically examine the importance and methodology of case study. What are its merits and limitations?
What do you know about Planning Commission and its Chairman etc.
When Extra Shares Applications Are Refunded, What Entry Will Be Passed?
What is nav in mutual funds?
What motivates you to do your best while working?
What is the Dow Jones Industrial Average/FTSE as of today's opening bell?
