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Amalgamation

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10 August 2015 Does authorised capital of the company changes at the time of absorbtion? for example.. A ltd has authorised capital 50 lac & B ltd has authorised capital 60 lac. A ltd. absorb B ltd. does A ltd authorised capital increase to 100 lac.?
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Amol S Joglekar

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Amol S Joglekar (Expert)
10 August 2015 why 100...why not 50+60 = 110?
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