What is the right example of amalgamation?

Two good examples of amalgamations are as follows: Maruti Motors operating in India and Suzuki based in Japan amalgamated to form a new company called Maruti Suzuki (India) Limited. Tata Sons operating in India and AIA Group based in Hong Kong amalgamated to form a new company called TATA AIG Life Insurance.

What do you mean by amalgamation with example?

An amalgamation is a combination of two or more companies into a new entity. Amalgamation is distinct from a merger because neither company involved survives as a legal entity. Instead, a completely new entity is formed to house the combined assets and liabilities of both companies.

What are the types of amalgamation?

There are two types of amalgamation, including merger and purchase methods.

What is the meaning of amalgamation in history?

Amalgamation refers to a blending of cultures, rather than one group eliminating another (acculturation) or one group mixing itself into another (assimilation).

Who can amalgamate?

Existing Section 396 empowers Central Government to order amalgamation of two or more companies in public interest. It has been suggested that these provisions should be reviewed. It is felt that amalgamation should be allowed only through a process overseen by the Courts/Tribunals.

What is amalgamation as per AS 14?

Amalgamation means an amalgamation pursuant to the provisions of the Companies Act, 2013 or any other statute which may be applicable to companies and includes ‘merger’. … All the assets and liabilities of the transferor company become, after amalgamation, the assets and liabilities of the transferee company.

What is amalgamation Wikipedia?

Amalgamation is the process of combining or uniting multiple entities into one form.

What is the difference between amalgam and amalgamation?

Amalgam means a combination of diverse elements. Amalgamation is sometimes used in the same sense—and dictionaries list it as a variant of amalgam—but today it’s often used to refer to the act of combining diverse elements. So an amalgam is created through amalgamation.

What is racial amalgamation?

Amalgamation is a now largely archaic term for the intermarriage and interbreeding of different ethnicities or races. … It has been linked to the metaphor of the melting pot, which also originated in the US, and which described the cultural assimilation and intermarriage of different ethnicities.

What is amalgamation government?

A merger, consolidation or amalgamation, in a political or administrative sense, is the combination of two or more political or administrative entities, such as municipalities (in other words cities, towns, etc.), counties, districts, etc., into a single entity.

What is amalgamation gold?

: a process of extracting metals (as native gold and silver) from their ores by the addition of small quantities of mercury to the stamping or grinding unit so that the resulting amalgam is caught on mercury-coated copper plates from which it is then scraped, the precious metals in it being recovered by distilling off …

What is amalgamation in urban planning?

In the area of local governance, amalgamation is a term, often used interchangeably with merger, that describes the fusion of one or more municipal entities into a new organization.

When was the amalgamation of Nigeria?

In 1914, Southern Nigeria was joined with Northern Nigeria Protectorate to form the single colony of Nigeria.

What is amalgamation in sociology?

Amalgamation is the process by which a minority group and a majority group combine to form a new group.

What is the synonym of amalgamation?

Some common synonyms of amalgamate are blend, coalesce, commingle, fuse, merge, mingle, and mix.

What is amalgamation of municipalities?

According to the Encyclopaedic Dictionary of Public Administration, amalgamation (or merger) is the process of “the fusion of one or more municipal entities into a new organization” (Belley 2012: 1).

What is the purpose of annexation and amalgamation of the cities?

Annexation and Amalgamation

This is usually justified on the grounds that urban services such as water treatment, sewage facilities and roads can be provided more readily by the urban municipality than the rural one.

What is a better word than amazing?

astonishing, astounding, surprising, bewildering, stunning, staggering, shocking, startling, stupefying, breathtaking, perplexing, confounding, dismaying, disconcerting, shattering. awesome, awe-inspiring, sensational, remarkable, spectacular, stupendous, phenomenal, prodigious, extraordinary, incredible, unbelievable.