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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.
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