Power to order amalgamation in public interest enables government to merge companies subject to compensation and appeal rights. Central Government may order amalgamation of companies in the public interest into a single transferee company with specified constitution, rights, liabilities and powers; provide for continuation of pending proceedings and necessary supplemental provisions; require protection of members', creditors' and debenture holders' existing interests or compensation where reduced, with assessments published and subject to appeal to the Tribunal; and mandate draft circulation, consultation, resolution of appeals and laying of orders before Parliament.