Question

Differentiate between Amalgamation, Absorption and Reconstruction. 

13 Mar 2023
Answer :
Word Count : 281
Criteria Amalgamation Absorption Reconstruction
Definition Amalgamation refers to the merger of two or more companies to form a new entity, with the merging companies losing their individual identities. Absorption occurs when one company (the absorbing company) takes over another company (the absorbed company), and the absorbed company ceases to exist. Reconstruction involves the reorganization of a company's capital structure and business operations without __________ ______ _______ ____ _________ _____ _________ _______ __________ _____ _____.
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