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Question
Match the pairs:
| Column A | Column B | ||
| (1) | No-new company is formed. | (a) | Purchase Method |
| (2) | 'Goodwill or Capital Reserv | (b) | Transferred to Realisation A/c |
| (3) | Scheme of Amalgamation | (c) | Absorption |
| (4) | Transferer Company | (d) | Reqires approval of High Court |
| (5) | Profit on Realisation | (e) | To be liquidated |
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Solution
| Column A | answer | ||
| (1) | No-new company is formed. | (c) | Absorption |
| (2) | 'Goodwill or Capital Reserv | (a) | Purchase Method. |
| (3) | Scheme of Amalgamation | (d) | Reqires approval of High Court |
| (4) | Transferer Company | (e) | To be liquidated |
| (5) | Profit on Realisation | (b) | Transferred to Realisation A/c |
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Amalgamation
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