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HYBRID SEMINAR ON DISPUTES INVOLVING CHARTERPARTY
The global maritime industry thrives on the intricate dance between shipowners and charterers. This vital partnership is governed by charterparties, contracts that define the terms for the use of a vessel. However, the complex nature of these agreements, coupled with the ever-changing dynamics of seafaring, can give rise to disputes. These disputes can be costly, time-consuming, and disrupt the smooth flow of international trade. Charterparty disputes can arise from various situations, often stemming from ambiguities in the contract itself...
BSEC grants extension to 13 companies for ensuring regulatory compliance of 30% shareholder requirement
Summary: The Bangladesh Securities and Exchange Commission (BSEC) directed listed firms to ensure 30% shareholding by sponsors and directors. Non-compliant firms, including Active Fine Chemicals and Central Pharmaceuticals, face scrutiny. The commission appointed independent directors to six firms and granted a year for 13 others to comply. Experts suggest removing non-compliant directors to protect investors. BSEC spokesperson noted ongoing efforts for compliance and potential inclusion of shareholders with over 5% shares on boards. The directive aims to hold directors accountable...
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HYBRID SEMINAR ON DISPUTES INVOLVING CHARTERPARTY
The global maritime industry thrives on the intricate dance between shipowners and charterers. This vital partnership is governed by charterparties, contracts that define the terms for the use of a vessel. However, the complex nature of these agreements, coupled with the ever-changing dynamics of seafaring, can give rise to disputes. These disputes can be costly, time-consuming, and disrupt the smooth flow of international trade. Charterparty disputes can arise from various situations, often stemming from ambiguities in the contract itself...
BSEC grants extension to 13 companies for ensuring regulatory compliance of 30% shareholder requirement
Summary: The Bangladesh Securities and Exchange Commission (BSEC) directed listed firms to ensure 30% shareholding by sponsors and directors. Non-compliant firms, including Active Fine Chemicals and Central Pharmaceuticals, face scrutiny. The commission appointed independent directors to six firms and granted a year for 13 others to comply. Experts suggest removing non-compliant directors to protect investors. BSEC spokesperson noted ongoing efforts for compliance and potential inclusion of shareholders with over 5% shares on boards. The directive aims to hold directors accountable...
Large Alt
HYBRID SEMINAR ON DISPUTES INVOLVING CHARTERPARTY
The global maritime industry thrives on the intricate dance between shipowners and charterers. This vital partnership is governed by charterparties, contracts that define the terms for the use of a vessel. However, the complex nature of these agreements, coupled with the ever-changing dynamics of seafaring, can give rise to disputes. These disputes can be costly, time-consuming, and disrupt the smooth flow of international trade. Charterparty disputes can arise from various situations, often stemming from ambiguities in the contract itself...
BSEC grants extension to 13 companies for ensuring regulatory compliance of 30% shareholder requirement
Summary: The Bangladesh Securities and Exchange Commission (BSEC) directed listed firms to ensure 30% shareholding by sponsors and directors. Non-compliant firms, including Active Fine Chemicals and Central Pharmaceuticals, face scrutiny. The commission appointed independent directors to six firms and granted a year for 13 others to comply. Experts suggest removing non-compliant directors to protect investors. BSEC spokesperson noted ongoing efforts for compliance and potential inclusion of shareholders with over 5% shares on boards. The directive aims to hold directors accountable...
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HYBRID SEMINAR ON DISPUTES INVOLVING CHARTERPARTY
The global maritime industry thrives on the intricate dance between shipowners and charterers. This vital partnership is governed by charterparties, contracts that define the terms for the use of a vessel. However, the complex nature of these agreements, coupled with the ever-changing dynamics of seafaring, can give rise to disputes. These disputes can be costly, time-consuming, and disrupt the smooth flow of international trade. Charterparty disputes can arise from various situations, often stemming from ambiguities in the contract itself...
BSEC grants extension to 13 companies for ensuring regulatory compliance of 30% shareholder requirement
Summary: The Bangladesh Securities and Exchange Commission (BSEC) directed listed firms to ensure 30% shareholding by sponsors and directors. Non-compliant firms, including Active Fine Chemicals and Central Pharmaceuticals, face scrutiny. The commission appointed independent directors to six firms and granted a year for 13 others to comply. Experts suggest removing non-compliant directors to protect investors. BSEC spokesperson noted ongoing efforts for compliance and potential inclusion of shareholders with over 5% shares on boards. The directive aims to hold directors accountable...