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
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.
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.
what is the difference between amalgamated company and amalgamation 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 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.
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.
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.
Amalgamation of balance sheet means to join together the balance sheets of two or more same size business or join the same size business as one business.
Amalgamation involves two or more companies merging to form a new entity where they combine their assets, liabilities, and operations. Absorption is when one company takes over another, with the absorbed company losing its separate identity. External reconstruction involves reorganizing a company's structure or operations, often due to financial difficulties, through methods such as recapitalization or changing the legal form of the company.
The Amalgamation Polka was created in 2006.