Registration fees for incorporation of companies have been significantly reduced to bring down costs of starting a businessChanges to the Registration FeesOn 23rd April 2019 the Cabinet issued an Official Gazzette Notification revising the fees applicable when registering a new company in the Office of the...
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...
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...
A landowner is not barred by the arbitration provision in Real Estate Development and Management Act 2010 from initiating winding up proceedings against a real estate developerThe Court has ample power under Section 241 of the Companies Act to wind up a company on the...
Bangladesh improves on its “Ease of Doing Business” score and moves one notch up in the global rankings from 177 to 176.Context:The Doing Business project is led by the World Bank Group which publishes a report objectively measuring business regulations and their enforcement across 190...
