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An entrenched clause or entrenchment clause of a constitution is a provision that makes certain amendments either more difficult or impossible to pass. Overriding an entrenched clause may require a supermajority, a referendum, or the consent of the minority party.
Articles of association are critical documents to corporate operations, as they may regulate both internal and external affairs. [ 1 ] Articles of incorporation , also referred to as the certificate of incorporation or the corporate charter , is a document or charter that establishes the existence of a corporation in the United States and Canada .
Entrenchment, Entrenched or Entrench may refer to: A trench; Entrenchment (fortification), a type of fortification; Military trenches with relation to Trench warfare, especially that of World War I; An entrenchment clause within a constitution, a clause impervious to or somewhat shielded from the amendment process.
The Proprietary Articles Trade Association was formed in Canada in 1925, with objects similar to organizations of the same name formed in several other Commonwealth countries. [3] It was investigated under the Act, and found to be a combine within its scope. The following reference questions were posed to the Supreme Court of Canada:
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The association governance is specified in the "Articles of the Association" and its by-laws. [3] While the General Meeting gathers the representatives of the ECSDA Members, the Board Directors are appointed in a personal capacity. The association holds regular expert discussions and conferences.
However through management entrenchment, ownership structure (one of the corporate governance mechanisms) changes in that way which benefits the managers. We already know from the above information that managers have a greater voting power while they are entrenched.
Table A in UK company law is the old name for the Model Articles or default form of articles of association for companies limited by shares incorporated either in England and Wales or in Scotland before 1 October 2009 where the incorporators do not explicitly choose to use a modified form.