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Consolidation of Associations in United Kingdom

Meaning of Consolidation of Associations

The following is an old definition of Consolidation of Associations [1]: Union or merger into one, of two or more companies or corporations organized for the same, or for some related, purpose. In England, ” amalgamation.” Whether the consolidation of two companies works a dissolution of both, and the creation of a new Corporation, depends upon the intention of the legislature. A sale by one corporation of all of its property to another corporation, is, as against creditors not assenting thereto, fraudulent and void. When two companies unite or become consolidated under the authority of law, until the contrary appears the presumption is that the united or consolidated company has all the powers and privileges, and is subject to all the restrictions and liabilities, of the companies out of which it was created.


Notes and References

  1. Concept of Consolidation of Associations provided by the Anderson Dictionary of Law (1889) (Dictionary of Law consisting of Judicial Definitions and Explanations of Words, Phrases and Maxims and an Exposition of the Principles of Law: Comprising a Dictionary and Compendium of American and English Jurisprudence; William C. Anderson; T. H. Flood and Company, Law Publishers, Chicago, United States)
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Michael Mann, 'Consolidation of Associations' (lawi.org.uk 2017) <https://lawi.org.uk/consolidation-of-associations/> accesed 2022 August 18

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Schema Summary

  • Article Name: Consolidation of Associations
  • Author: Michael Mann
  • Description: Meaning of Consolidation of Associations The following is an old definition of Consolidation of Associations [1]: Union or [...]

This entry was last updated: April 2, 2017


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