Additional time granted to Exporters for bringing home export proceeds

Summary According to the authority, The Central Bank of Bangladesh is willing to give a proposal by offering Exporters 210 days to repatriate proceeds from exported products. The initial purpose of this proposal is to make better competitiveness of Bangladeshi products in foreign markets, however, it’ll...

SEMINAR ON VAT, TAX & CUSTOMS DISPUTES

VAT, Tax and Customs related legal disputes are complex & often require specialized knowledge. There are different forums available for resolution of disputes. One of the big challenges involving taxation matters is that the laws & regulations are constantly changing. Under the Finance Act 2023 a new...

SEMINAR ON INFRASTRUCTURE CONSTRUCTION & ENGINEERING DISPUTES

Number of Complex construction disputes involving infrastructure projects are rising. Responsibility of the employer and the bidder and successful tenderer on conducting pre-bid feasibility study of the project site is often confusing as the tender document often do not clearly address the issue. If a major...

BIAC and CLDP jointly hosted a seminar on International Commercial Arbitration

Summary:  Arbitration is an expeditious and practicable methodology for resolving a commercial dispute. This is also a private strategy and out of the judiciary courts, Contemporarily, the Commercial Law Development Program (CLDP) and Bangladesh International Arbitration Centre (BIAC) cooperatively categorized a programme for International Commercial Arbitration....

Arbitration that is reasonable and inexpensive is used to settle trade disputes more frequently than litigation.

Summary:  Bangladesh's commerce sector is expanding day by day despite numerous disagreements that are occurring in between. Most businessmen use arbitration as a method of resolving any conflict that arises outside of court. Arbitration is favored as a faster and cheaper alternative to litigation. Content:  A Bangladeshi company...
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