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Amalgamation is the combination of one or more companies into a new entity. An amalgamation is distinct from a merger because neither of the combining companies survives as a legal entity; a completely new entity is formed to house the combined assets and liabilities of both companies. An amalgamation is an arrangement in which: I. The assets / liabilities of two or more firms become vested in another firm. II. As a legal process, it involves joining of two or more firms to form a new entity or absorption of one/ more firms with another. III. The outcome of this arrangement is that the amalgamating firm is dissolved / wound-up and loses its identity and its shareholders become shareholders of the amalgamated firm. Amalgamation is distinct from merger because a merger is a combination of two or more firms in which only one firm would survive and the other would cease to exist, its assets / liabilities being taken over by the surviving firm. A Merger is an arrangement in which the assets /liabilities being taken over by the surviving firm.
How is T related to S?
A taxi driver commenced his journey from a point and drove 15 km towards North and turned to his left and drove another 10 km. After waiting to meet one...
Which student scored the 4th lowest number of marks?
Four number-pairs have been given, out of which three are alike in some manner and one is different. Select the number-pair that is different.
In a class, four students ranked between Rahul and Sreeja. Sreeja ranked 14th from the top while Rahul ranked 7th from the bottom. How many students are...
Q is older than R. N and O are of equal age. S is the youngest. P is younger than O. P is older than Q. How many persons are younger than P?
Seven persons, M, N, O, P, Q, R and S are of different weights. Only Q is lighter than O. P is heavier than M. R is heavier than N. P is not heavier tha...
How many persons have less gold than K?
Bennet is older than Carl but not as old as David. Emma is not as old as Bennet. Who is the oldest of all?
In a class, all the students are standing in a row. If a particular student is 18th from both the ends, how many students are there in the cl...