Amalgamation, Absorption & External
reconstruction
CA Prasanna Tambe
, Amalgamation
a new company is formed to take over business of two or
more old companies
Old companies called as Vendor companies and new company
called as Purchasing company
Old companies are liquidated
One new company is formed
reconstruction
CA Prasanna Tambe
, Amalgamation
a new company is formed to take over business of two or
more old companies
Old companies called as Vendor companies and new company
called as Purchasing company
Old companies are liquidated
One new company is formed