Some examples of amalgamation include the merging of two companies to form a new entity, the blending of different cultures or traditions to create a new custom, and the combining of various ingredients or substances to form a homogeneous mixture.
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.
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.
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