Under the new Budget, shareholding percentage has been amended for amalgamation. Now shareholders holding at least 75% (previously 90%) of the value of shares in the amalgamating company (which now includes foreign companies, where there is foreign shareholding in a Bangladeshi company) become shareholders of the amalgamated company. Also, capital gain arising from any transfer of capital asset in a scheme... Read More
Under the new Budget, shareholding percentage has been amended for amalgamation. Now shareholders holding at least 75% (previously 90%) of the value of shares in the amalgamating company (which now includes foreign companies, where there is foreign shareholding in a Bangladeshi company) become shareholders of the amalgamated company. Also, capital gain arising from any transfer of capital asset in a scheme... Read More
Under the new Budget, shareholding percentage has been amended for amalgamation. Now shareholders holding at least 75% (previously 90%) of the value of shares in the amalgamating company (which now includes foreign companies, where there is foreign shareholding in a Bangladeshi company) become shareholders of the amalgamated company. Also, capital gain arising from any transfer of capital asset in a scheme... Read More
Number of Complex construction disputes involving infrastructure projects is rising. Responsibility of the employer and the bidder and successful tenderer in conducting a pre-bid feasibility study of the project site is often confusing as the tender document often does not clearly address the issue. If a major flaw is found at later stages on the selection of site etc, both... Read More
International law usually falls into two categories. Public International Law and Private International Law. Public International law is the set rules, agreements, and treaties that are binding between countries. It generally comes from three sources: treaties, customs and general principles of law. Public international law concerns the relationships between nations and international organizations. Private international law, on the other hand,... Read More
Labour and employment legal issues are very common in the business sector of Bangladesh. Whether it is a small enterprise or a giant MNC dealing with employment law is a regular affair for them. Legal assistance is often required for drafting appointment letters, service contracts, termination letters, commencing disciplinary proceedings and so on. On the other hand, established companies often... Read More
Constructions of different public projects such as bridges, power plants, LNG terminals, roads, flyovers, railways, dams, seaports, river ports & private projects have been greatly affected by the onset of COVID-19 in Bangladesh and around the world. The progress of work has been significantly delayed for quite a few projects. In many cases, the cost of completion of work may... Read More
The lesson learned from Covid-19 cannot be underestimated. Scientists claim that climate change has a direct link with such pandemics as it is bringing us closer to the hidden nature and historic virus. It is expected that environmental issues will get more attention at both the international and national levels. Authorities will be demanding strict compliance and more regulation will... Read More
