Section 581ZN(12) in The Companies (Amendment) Act, 2002
(12)Where two or more Producer Companies are amalgamated into a new Producer Company in accordance with the provisions of sub- section (2) and the Producer Company so formed is duly registered by the Registrar, the registration of each of the amalgamatin companies shall stand cancelled forthwith on such registration and each of the Companies shall thereupon cease to exist as a corporate body.
