Meaning of amalgamation absorption and external reconstruction
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Amalgamation is the process in which separate organizations unit to form a larger organization or group.
External reconstruction take place when an existing company goes into liquidation for the express purpose of selling its assets and liabilities to a newly formed company which is generally owned and named alike
External reconstruction take place when an existing company goes into liquidation for the express purpose of selling its assets and liabilities to a newly formed company which is generally owned and named alike
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