Professional Documents
Culture Documents
FOR
AMALGAMATION
NEHA GARG
ASST. PROF., COMMERCE
OVERVIEW
MEANING
Important terms
Amalgamation in the nature of
merger
Amalgamation in the nature of
purchase
Statutory reserves
Difference between Merger &
Amalgamation
difference between pooling of
interest method and purchase
method
dissenting shareholders (sec 236)
inter company owings
WHAT IS A MERGER?
Merger is one in which the assets and liabilities of a
Company gets vested in another Company, the
Company which is merged, losing its identity and
the shareholders of the merged Company becoming
the shareholders of the other Company.
Eg: An already existing Company A merging with
Company B, wherein all the assets and liabilities of
Company A vests in Company B and Company A
shall no longer be in existence after the merger.
Moreover all the shareholders of Company A shall
become the shareholders become the shareholders
of Company B.
WHAT IS A MERGER?
When two or more companies are combined
into one by way of merger or taking over by the
other, it is called amalgamation.
Amalgamation may be of two types
Amalgamation in the nature of merger, and