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In an amalgamation, when does a new company pay consideration to acquire the business of the amalgamating companies?
  • a)
    Before the liquidation of amalgamating companies
  • b)
    After the liquidation of amalgamating companies
  • c)
    During the liquidation of amalgamating companies
  • d)
    It's not required to pay any consideration
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In an amalgamation, when does a new company pay consideration to acqui...
The newly formed company pays the purchase consideration after the liquidation of the amalgamating companies.
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In an amalgamation, when does a new company pay consideration to acquire the business of the amalgamating companies?a)Before the liquidation of amalgamating companiesb)After the liquidation of amalgamating companiesc)During the liquidation of amalgamating companiesd)It's not required to pay any considerationCorrect answer is option 'B'. Can you explain this answer?
Question Description
In an amalgamation, when does a new company pay consideration to acquire the business of the amalgamating companies?a)Before the liquidation of amalgamating companiesb)After the liquidation of amalgamating companiesc)During the liquidation of amalgamating companiesd)It's not required to pay any considerationCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In an amalgamation, when does a new company pay consideration to acquire the business of the amalgamating companies?a)Before the liquidation of amalgamating companiesb)After the liquidation of amalgamating companiesc)During the liquidation of amalgamating companiesd)It's not required to pay any considerationCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In an amalgamation, when does a new company pay consideration to acquire the business of the amalgamating companies?a)Before the liquidation of amalgamating companiesb)After the liquidation of amalgamating companiesc)During the liquidation of amalgamating companiesd)It's not required to pay any considerationCorrect answer is option 'B'. Can you explain this answer?.
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