Which of the following is not a requirement for amalgamation of two companies ?

(A) All the assets are transferred from amalgamating company to amalgamated company

(B) More than 50% of the directors of the amalgamating company become directors of the amalgamated company

(C) All liabilities including contingent liabilities are transferred from amalgamating company to amalgamated company

(D) Shareholders having 3/4th in value of shares of the amalgamating company become shareholders of the amalgamated company