Can we change one of the parties to the contract by an amendment?

A Ltd  (subsidiary company of B Ltd) enterted into an agreement with C Ltd.

Now in the agreement A Ltd wants to replace its name with B Ltd – Parent Company for tax purposes.  Can we do this by entering into an amendment to the previous agreeement?

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Alasdair Taylor's Answer

This would usually be achieved by novation of the contract.

For my own novation template, see: https://www.website-contracts.co.uk/novation-agreement.html

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