Introduction Admiralty law in Bangladesh isn’t just about ships and sea; it’s about how courts deal with maritime disputes in a highly specialized legal environment. While the legal framework borrows from English common law traditions, admiralty practice in Bangladesh is driven by procedural know-how and strategic litigation in the High Court Division of the Supreme…
Mergers and acquisitions (M&A) are complex corporate strategies that allow companies to consolidate assets, expand market presence, or achieve business synergies. In Bangladesh, these transactions are governed by a combination of corporate, tax, and regulatory laws. This blog outlines the key steps involved in executing an M&A transaction under Bangladeshi law. Understand the Legal Framework…
An Annual General Meeting (AGM) is a statutory requirement for certain types of organizations in Bangladesh, primarily those registered under the Companies Act, 1994. AGMs play a vital role in ensuring corporate accountability, transparency, and governance. Failure to hold an AGM within the prescribed timeframe can have significant legal and operational consequences for a company….
The object clause in a company’s Memorandum of Association (MoA) defines its permitted range of activities. To undertake new ventures or modify existing operations, a company may need to amend this clause. In Bangladesh, this process is governed by Sections 12 and 13 of the Companies Act, 1994. Below is a detailed guide on how…
Forming a company in Bangladesh involves several legal and procedural steps that are governed by the Companies Act, 1994. This guide provides a step-by-step outline of the process to help entrepreneurs and business professionals navigate the requirements effectively. Determine the Type of Company The first step in forming a company is deciding the type of…
Liquidation, also referred to as “winding up,” is the legal process by which a company ceases to operate, its assets are distributed, and its existence is formally terminated. In Bangladesh, the liquidation process is governed by the Companies Act, 1994, which outlines the procedures, types of liquidation, and responsibilities of stakeholders involved. This blog provides…
1. Introduction : Concept of protection of minority shareholders has swept the entire corporate world in the last eighty years, namely that those who are not in the control of management of the company should have a direct mode of complaint to the court if they can show that the affairs of the company are…