Mahbub & Company

27 Jun Bangladesh Securities and Exchange Commission issues guidelines on bonus shares

Posted at 15:11h in Mahbub

According to the Notification dated 23.05.2019 passed by the Bangladesh Securities and Exchange Commission, no listed company is allowed to declare bonus shares unless justified reasons are provided. Thus, in case of declaration of bonus shares, the company has to disclose the Price Sensitive Information...

27 Jun Bangladesh Bank publishes guidelines for rescheduling classified loans

Posted at 14:25h in Mahbub

Bangladesh Bank vide its circular dated 16th May, 2019 has created a scope for rescheduling of classified loans subject to 2% down payment. Loans in the essential commodity trading, ship breaking and steel industries are eligible to apply within 90 days of issuance of the...

28 Apr Bill to introduce “One Stop Service” placed in Parliament

Posted at 07:13h in Mahbub

The cabinet has approved in principle, and placed in Parliament, the ‘One-stop Service Bill, 2017’ to facilitate domestic and foreign investors in getting various services, licenses, permits and registrations with regard to their business all under one roof. The proposed law reportedly comes as a...

28 Apr Prosecution for dishonour of loan security cheques held legal

Posted at 07:12h in Mahbub, Uncategorized

The Appellate Division announced its judgment this morning (24th October, 2017) in 7 Criminal Appeals and 29 Criminal Leave Petitions finally deciding the question of whether a commercial bank can file a criminal case for dishonour of a cheque given by a borrower despite taking...

28 Apr Digital Commerce Policy 2018 limits FDI in e-commerce companies to 49pc

Posted at 07:11h in Mahbub, Uncategorized

The Cabinet has approved the long-awaited National Digital Commerce Policy 2018 (“NDCP 2018”) on 16th July 2018, which now explicitly states that the foreign e-commerce ventures will not be allowed to operate in Bangladesh without forming joint ventures (JV) with local firms. Paragraph 7 of the Action...

Blog

27 Jun Bangladesh Securities and Exchange Commission issues guidelines on bonus shares

27 Jun Bangladesh Bank publishes guidelines for rescheduling classified loans

28 Apr Bill to introduce “One Stop Service” placed in Parliament

28 Apr Prosecution for dishonour of loan security cheques held legal

28 Apr Digital Commerce Policy 2018 limits FDI in e-commerce companies to 49pc

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