Continue with your mobile number
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.
Community Development Programme was started on
Under which ministry does the Cotton Corporation of India (CCI) operate?
If germination per cent of seed sample is 90, purity 80% what is real value:
What term is used to describe the arrangement of primary xylem in roots where protoxylem is towards the periphery and metaxylem is towards the center?
Which mechanical measure involves constructing ridges across the slope for reducing runoff erosion and conserving moisture?
As per Section 5 of the FSS Act, The Food Authority shall consist of a Chairperson appointed by the Central Government and the following 22 members out ...
The organization responsible for formulating Indian Standards for fresh and processed fish is:
The practical utilization of nematode transmitted bacterium Bacillus Popillac achieved towards which of the following insect.
What distinguishes the Caryophyllid type of Embryogeny from other types?
Under which climatic conditions do the laeterite soils develop