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Dispute Resolution

Company Litigations in Bangladesh: A Complete Legal Guide for Stakeholders

Company litigations in Bangladesh are an inevitable part of the country’s growing and evolving corporate landscape. Governed by the Companies Act, 1994, these litigations cover a wide array of corporate legal issues, ranging from share register rectification to company restructuring and winding-up procedures. This guide aims to help businesses and stakeholders understand the procedural and […]

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“Income Tax Act, 2023” Bangladesh Enacts New Law

The Government of Bangladesh has enacted a new Income Tax Act, 2023, repealing the Income Tax Ordinance, 1984. The Jatiya Sangsad (National Parliament) passed the new Act and gazetted it on June 22, 2023. This significant development is aimed at modernizing and streamlining the country’s income tax system, promoting transparency, and fostering a business-friendly environment.

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According to the High Court Division of Bangladesh, The Companies Act should undergo significant changes.

The High Court has recommended making significant amendments to the current company law to lift Bangladesh to the status of a developed nation after observing that the Companies Act of 1994 needs to be more enforceable in many situations.  Moreover, it has recommended taking the necessary measures to set up one Company Appellate Tribunal in

According to the High Court Division of Bangladesh, The Companies Act should undergo significant changes. Read More »