Social Sciences, asked by Keatlegilemashegoana, 2 months ago

how the process of amalgamation(joining up) into one company happened on the diamonds field

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Answered by disha550

Answer:

Procedure for Amalgamation

A scheme of amalgamation is prepared and submitted for approval to the respective High Court. Approval of the shareholders' of the constituent companies is obtained followed by approval of SEBI. A new company is formed and shares are issued to the shareholders' of the transferor company.

Explanation:

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