Railways Clauses Act, 1863

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Definition of cases of amalgamation.

37. For the purposes of this part of this Act, companies shall be deemed amalgamated by a special Act in either of the following cases :

(1.) Where by the special Act two or more companies are dissolved, and the members thereof respectively are united into and incorporated as a new company :

(2.) Where by the special Act a company or companies is or are dissolved, and the undertaking or undertakings of the dissolved company or companies is or are transferred to another existing company, with or without a change in the name of that company :

And in this part of this Act, such special Act is referred to as the amalgamating Act; the company incorporated or continued by or under the amalgamating Act is referred to as the amalgamated company; and the time prescribed in the amalgamating Act for the amalgamation taking effect, and, if no time is prescribed, then the time of the passing of the amalgamating Act is referred to as the time of amalgamation.