Amalgamation is said to be in the nature of merger if: - Study24x7
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Priya Sharma
18 May 2019 09:47 AM study24x7 study24x7

Amalgamation is said to be in the nature of merger if:

A

All assets and liabilities of the transferor company are taken over by the transferee company.

B

The business of transferor company is intended to be carried on by the transferee company.

C

Purchase consideration must be paid in equity shares by the transferee company except for fraction shares.

D

All of the above

Commerce
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