The youth are expected to enjoy and cherish their childhood, but the vicious existence of child trafficking in the society makes this inexecutable for huge segment of children in the society. Many things such as forced labor, organ trade, prostitution etc., are covered under child trafficking. Trafficking of human beings is a universal phenomenon. It stands 3rd in the world among the organized crimes committed by the individuals. Many great organizations such as UNICEF (United Nations Children’s Fund) I.L.O. Worst Forms of Child Labour Convention U.N. Protocol to Prevent, Suppress and Punish Trafficking in Persons (established at 2000 working especially for Women and Children),Organization of Southeast Asia (COSA)Stop Child Trafficking Now etc., are working to prevent child trafficking. According to UNICEF child trafficking is "the act of recruitment, transportation, transfer, harboring or receipt of a child for the purpose of exploitation either within or outside a country&
INTRODUCTION Amalgamation is a combination of two business entities with the effect of which both the entities loses their identities to for a new entity. The assets and liabilities of both the former entity in such a case is vested with the new entity which is formed. Amalgamation is a legal process by which two or more companies joined together to form a new entity or one or more companies are to be absorbed or blended with another and as a consequence the amalgamating company loses its existence and its shareholders become the shareholders of new company or the amalgamated company. The shareholder of each amalgamating company will get the shares in the new company formed. This acts as the process by which two undertaking vests their control and management in the newly formed company. Eg. X Pvt. Ltd Y Pvt. Ltd = Z Pvt. Ltd. In the case of WA Beardsell & Co (P) Ltd., re, Madras High Court stated that the amalgamation of