Chambers have drafted Memorandum of Articles of a Joint Venture Company between Union Resources, China, Appolo Engineering and others for a 1320MW proposed coal power plant at Cox’s Bazaar.
Drafting the Memorandum of Articles for such a gigantic project was challenging as it involved collaboration with Parties from different backgrounds and origins. The Chambers was able to put together all the issues in the Memorandum Articles for example: share transfer rights, appointment of Directors, dispute resolution quorum etc.
We have successfully released M.V. Magnum Force form detention of Bangladesh Navy through Court order. The Chambers represented the owner of M.V. Magnum Force on behalf of London P&I Club, in a collision case involving the aforementioned vessel and a frigate of Bangladesh Navy at the Chittagong port of Bangladesh.
We have successfully released the vessel through a Court order from the Admiralty jurisdiction of the Hon’able High Court on submission of Bank Guarantee. The release was challenging as it was completed in and around the National Holiday period, while the Court was on vacation. Besides, time was of the essence as the Chambers worked tirelessly around the clock to secure the release of the vessel in the shortest period of time possible.
We have negotiated the deal and finalized the JVA & Memorandum of Articles for a joint venture of two leather giants Picard & VKC Group of India (one of the largest footwear brand in India with Rs 15 000 crore annual turnover in 2015). The two giants joined hands together to launch new leather goods and products in Bangladesh in the near future. We have drafted JVA and negotiated the terms and conditions on behalf of the owners of Pickard.
Chambers allocated its Alternative Dispute Resolution (ADR) & Tribunals Team to represented Knight Frank Development Ltd, a building construction company of Chittagong over a complex dispute amounting to 1.25 Billion BDT involving delay in construction etc. The three member Arbitration Tribunal heard the parties in great detail for nearly six months, matters are now pending for deliverance of award.
The Firm represented Velcan Energy Mauritius ltd. originally from Mauritius but based in Singapore for investing in solar power projects in Bangladesh. Our work involved providing due diligence for licence and permits for a solar company and providing due diligence for non agricultural land as a site for the project.
The Chambers represented a subsidiary of Gilden Activewear Incorporated, a MNC, for a number of years over several legal issues. In recent times, we have legally assisted the company in acquiring a 92 decimal land. The transaction involved complex mortgage issues involving banks and other related litigation. We were successful in negotiating the deal and also drafted several deeds and henceforth completed the process of land acquisition.
We were finally able to provide relief to our old Client by getting a confirmation of eviction from the Hon’able Appellate Division (highest) from the premises of our client after few years of legal battle in both lower and higher judiciary.
The Chambers, due to its expertise in International trade, was incremental in finalizing an agreement between First Security Islami Bank and PrimaDollar (a British based Finance Group) to help ease the financing of exported goods (garments) manufactured in Bangladesh based on the upfront payment of the goods without any additional hassle from foreign banks.
The Chambers High Court team was successful in obtaining Rule and Stay order from the Hon’able High Court Division for Khan Bahadur Group against arbitrary order of concerned Ministry imposing the requirement of packaging rice in Jute bags irrespective of size of the bag without considering the many relevant issues, by filing a Writ Petition.
Our Services Team were successful in assisting Dong Fang Electric International Corporation, a Chinese construction company for opening a branch office in Bangladesh for carrying our construction/engineering related work. The Firm’s experience and expertise helped the company to prepare supporting documents efficiently.
Our District and Magistrate Court team meticulously drafted a complaint petition against accounts manager, who was clearly involved in fraudulent misappropriation of company’s funds. We were successful to persuade the Hon’able Courts in securing an arrest warrant against the accused on behalf of the company.