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what is the difference between amalgamated company and amalgamation company
The main types of amalgamation are long form amalgamation and short form amalgamation. Long form is when two or more companies amalgamate and go on as one of the original companies or when they for a new company. Short form is the amalgamation of subsidiaries and holding company or wholly owned.
The technical report was an amalgamation of the studies of the various groups. After the amalgamation of the drilling companies, many managers and supervisors lost their jobs.
Amalgamation means a situation where two or more existing companies are joined to form a third company or where an existing company takeover the other existing company.
Reduce competition among other companies.
In amalgamation two or more companies joint together to form a new company but in demerger one company splits itself into two or more new companies to work separately.
When two companies combine to form a single company, it is called an amalgamation or merger.
merging of two or more companies, to carry a single business in which assets and liabilities of amalgameted company is taken over by amalgamatinng company.
ABSORPTION: Absorption is where, an existing company goes into liquidation and another existing company takes over the biz of the liquidated company!AMALGAMATION: The term amalgamation is used when 2 or more existing companies went into liquidation and a new company is formed to take over the biz.
In acquisition one big company acquire the small company and continues to work with same name but in amalgamation two equal size companies joint together to form a new company and work under new company with new names and previous companies get dissolve completely.
Amalgamation reserve means the expenses bear by Transferee company for amalgamation with Transferor company is treated as reserve, this reserve is called as amalgamation reserve
"Very often, the two expressions "merger" and "amalgamation" are taken as synonymous. But there is, in fact, a difference. Merger is restricted to a case where the assets and liabilities of the companies get vested in another company, the company which is merged losing its identity and its shareholders becoming shareholders of the other company. On the other hand, amalgamation is an arrangement, whereby the assets and liabilities of two or more companies become vested in another company (which may or may not be one of the original companies) and which would have as its shareholders substantially, all the shareholders of the amalgamating companies." I found it while surfing for the same... Hope it answers.