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Amalgamation is the combination of one or more companies into a new entity. An amalgamation is distinct from a merger because neither of the combining companies survives as a legal entity; a completely new entity is formed to house the combined assets and liabilities of both companies. An amalgamation is an arrangement in which: I. The assets / liabilities of two or more firms become vested in another firm. II. As a legal process, it involves joining of two or more firms to form a new entity or absorption of one/ more firms with another. III. The outcome of this arrangement is that the amalgamating firm is dissolved / wound-up and loses its identity and its shareholders become shareholders of the amalgamated firm. Amalgamation is distinct from merger because a merger is a combination of two or more firms in which only one firm would survive and the other would cease to exist, its assets / liabilities being taken over by the surviving firm. A Merger is an arrangement in which the assets /liabilities being taken over by the surviving firm.
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
Insolen...
In each of the following questions, one word is highlighted in bold. There are four sentences given in the option. Out of the four sentences, three wil...
Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
The king was known for his generosity , but h...
In the following questions, choose the word opposite in meaning to the given word.
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What is the antonym of the word "ephemeral"?
A place where weapons and military equipment are stored
An independent person or body officially appointed to settle a dispute
Hygrometer : Humidity :: Sphygmomanometer : ?
A person who believes that nothing is known or can be known of the existence or nature of God.
The science of colours.