Amalgamation

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Full Text of the Document

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.... or companies and the company with which they merge or which is formed as a result of the merger, as the amalgamated company in such a manner that- (i) all the property of the amalgamating company or companies immediately before the amalgamation becomes the property of the amalgamated company by virtue of the amalgamation; (ii) all the liabilities of the amalgamating company or companies immed....