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can anybody clearly explain amalgamated and amalgamating company... I know the meaning of amalgamation...who is amalgamated company and who is amalgamating company
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Amalgamating companies are those two or more companies which willingly unite (combine) to carry on their business activities jointly.
& Amalgamated company is a newly formed union (alliance) of two or more amalgamating companies. It has a separate legal existence with a new unique name.
agree with Dhiraj sir
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