The term entrenchment has not been explained in the Companies Act, 2013. The meaning is as follows: To apply additional legal safeguards; To place (someone or something) in a firm position that cannot easily be changed; Basic law or constitution is a provision that makes definite amendments either more difficult or impossible. Therefore, ‘entrenchment’ means …
What is a company? The company cites that voluntary association of persons which is established to achieve common goals. It is a separate legal entity, i.e. one should not bewilder the company and its members as both are different personalities in the eyes of the law. Moreover, it is characterized by perpetual succession, common seal, …
Changing the name clause of the company involves alteration of the memorandum of association of the company. Under section 13 of the Companies Act 2013, the amendment process in the memorandum of association is applicable to all companies. Therefore, all clauses of the memorandum can be altered except the capital clause. After the incorporation, the company …