The Companies Act (Second Amendment) Act 2020 [Bill] is now placed before the Parliament. The Amendment will introduce single shareholding company, with a minimum paid up capital requirement. Besides, the electronic meeting are allowed. Some changes are made in holding EGM. For a copy of the Bill as Gazette notified please click below:
Related Posts
Companies Act amendment bill placed in the Jatiya Sangsad
The ‘Companies (2nd Amendment) Bill, 2020’ was placed in the Jatiya Sangsad (JS) keeping a provision of formation of one-man... read more
Bangladesh Bank suggests Banks take insurance coverage
SUMMARY:
The banks have been advised by the Bangladesh Bank to take insurance coverage against their financing to exports in... read more
Rahman’s Chambers Featured in USA TODAY Report on Bangladesh’s Sustainable Growth
Rahman’s Chambers, Barristers & Advocates, is delighted to announce its recent feature in USA TODAY’s international publication, “Bangladesh at the... read more
The Central Bank of Bangladesh has simplified the import rule for industrial establishments.
Summary
The Bangladesh Bank has made things easy for industrial imports by letting importers use a letter of agreement instead of... read more
Extension granted until 2029 to enjoy duty-free as WTO member amidst challenges
Summary:
At the 13th WTO Ministerial Conference in Abu Dhabi, Bangladesh successfully negotiated a three-year extension of duty-free market access following... read more
In the fiscal year 2023, loans worth Tk 7,319 crore were written off.
Summary:
Banks in the country wrote off over Tk 7,319 crore in bad loans during the financial year 2022-23 to reduce... read more
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... read more
Singer Bangladesh to merge with subsidiary to cut costs
Publicly listed Singer Bangladesh Ltd will merge with its non-listed subsidiary company, International Appliances Ltd, in order to curb costs... read more
Saiham Cotton receives Tk 420mn insurance claim
Summary:
Saiham Cotton Mills Ltd is successful in receiving the lion share of their insurance claim after the massive fire incident... read more
Govt fixes wages for leather sector
The government has fixed Tk 7,100 as minimum monthly wages for the workers of the country's leather goods and footwear... read more