Question

amalgamation is covered under​

Answer 1

Answer:

First of all we know the what is meaning of amalgamation

the meaning of amalgamation :-. An amalgamation is a combination of two or more companies into a new entity. Amalgamation is distinct from a merger because neither company involved survives as a legal entity. Instead, a completely new entity is formed to house the combined assets and liabilities of both companies.

Explanation:

Amalgamation' as defined in section 2(1B) of the Act.

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