ABSTRACT

The Companies Acts in Anguilla, Antigua, Barbados, Dominica, Grenada, Montserrat, St Lucia, St Vincent and Trinidad and Tobago contain a Division entitled ‘Fundamental Company Changes’. 1 This Division does not define the expression ‘fundamental company changes’. Be that as it may, the objective of the Division is obvious. It is to establish a statutory regime to facilitate fundamental changes which a modern company may wish to make to its corporate structure. For instance, a company may wish to change its name to reflect more accurately its current business, or to change its capital structure to make it more suitable to current market conditions, or it may be deemed desirable to combine the company with another corporate entity to take advantage of business or tax considerations.