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Amalgamation is defined in section 2 (1B) of the income tax act 1961 where "Amalgamation is a union of two or more companies, made with an intention to form a new company."In business, the only difference being that the surviving entity incorporates the asset base of others into its base. Amalgamation is blending of two or more companies. The shareholders of each company would become the shareholders of the amalgamated company. Amalgamation is an emerging trend of today's business world. It results in the formation of a new, strong, stable and large company. It also results in the growth and expansion of this newly formed company. The following are the main purposes for which an amalgamation may be preferred-
A company having vulnerable financial/economic position may prefer an amalgamation with another company so as to secure itself. And the companies may adopt the concept laid down by the proverb, ‘union is strength’, the result of which may be an amalgamation.
We provide highly effectual Amalgamation Services to business enterprises. We assist our client in the merger and acquisition. We also help the local Government Amalgamation at each & every step of the process. These Amalgamation Services are accessible with us at industry’s leading prices just to give leverage to even smaller companies of the market. In addition to this, we are acknowledged as one of the best service provider in the domain of Virtual Amalgamation in India.
We are committed to help clients to achieve world-class operations. We develop, define and assist in implementing operational strategies and help our clients to make long lasting improvements to their performance. We assist our clients to manage risk and uncertainty, from the Boardroom to the network.
Rajput Jain and associates is the largest online service platform in India which provides easy solutions in starting their new business at affordable cost. We aim at helping the entrepreneurs at every legal and regulatory step. We stay as your partner during entire business cycle and ensure that the business keeps prospering and remains complaint.
Rajput Jain and associates is a network of experienced chartered accountants, lawyers, company secretaries, cost accountants, financial experts, expert bankers all over India to provide the needed services for small and medium size enterprises.
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Having years of experience in respective areas and backed by skilled and experienced workforce keep us ahead.
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Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.
A US consultancy group
Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.
A Leading Service Provider
We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.
A Leading Consultancy Firm in Dubai