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Amalgamation

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(Querist)
13 March 2012 If its not specified in the question that who will bear the liquidation expenses than what to do??
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
16 March 2012 This is to be taken in the books of the company which is acquiring the assets of the other company and it shall be a charge against free reserves and capital
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