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Nachiket Gharat Asked a Question May 14, 2020 9:58 am
30 pts 31. In amalgamation if nature of merger which statement is not true? (A) (B) (C) All the assets and liabilities of the transferer company become, after amalgamation, the assets and liabilities of transferee company. Share holders holding not more than 90% of the equity shares of the transferer company become equity shareholders of the transferee company be virtue of the amalgamation. The business of the transferee company is intended to be carried on, after the amalgamation by the transferee company None of these (D)
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