Prepare the corporate legal documents you need to merge or amalgamate two or more related companies with these ready-made Amalgamation and Merger Forms.
What is an amalgamation?
An amalgamation is the combination of two or more related companies. The amalgamated entity may or may not be one of the original companies. The shareholders of each company become the shareholders of the amalgamated company, and the assets and liabilities of the merged companies are vested in the amalgamated company.
What is a merger?
A merger is the formation of a new company from two or more existing companies, through pooling of common stock, cash payment or a combination of both. The companies being merged cease to exist and the shareholders of those companies become the shareholders of the new company.
Prepare the documents required for a short form vertical amalgamation in the Province of Alberta with this package of template forms.
A vertical amalgamation is one in which a parent corporation merges with a wholly-owned subsidiary, following which all of the shares in the subsidiary company are owned by the parent corporation. This package of forms contains:
Statutory Declaration re solvency required under the Alberta Business Corporations Act
Corporate resolutions for each of the amalgamating companies
Draft Articles of Amalgamation to be attached as a schedule to the resolutions.
The Alberta Short Form Vertical Amalgamation Forms Package has all the forms you need in one downloadable file. Buy, download, fill in the forms, and print for signature.
Amalgamate two Indian companies with this fully editable Scheme of Amalgamation template form, in accordance with the Companies Act 1956.
On the effective date of the amalgamation, the transferor company transfers all of its business, properties, contracts, investments, intellectual property, licenses, funds, industrial rights, and all other assets and property to the transferee company pursuant to Section 394 of the Act and subject to any existing charge over any of the assets or property.
All liabilities, debts and obligations of the transferor company will also be transferred to the transferee company as of the same date.
The transferor company will give notice of the transfer to all parties with an interest in the assets or liabilities being transferred.
The transferor company will continue to carry on its business until the effective date of the transfer, and all profits accruing or losses incurred by the business will be treated as profits or losses of the transferee company.
All legal actions by or against the transferor company will be continued and enforced by or against the transferee company.
All employees of the transferor company as at the effective date will become employees of the transferee company on the same terms and conditions.
Both companies will make application to the court under Sections 391 and 394 of the Act for sanctioning the Scheme and for dissolution of the transferor company.
This India Scheme of Amalgamation template is a downloadable MS Word document.