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
City Bank offers hassle-free ‘Nano-Loan’ with Bkash
Summary:
Eligible Bkash customers with no actual bank account can now procure easy-terms loans with bkash app and repay with 9%... read more
Large companies are being advised by NBR to resolve their tax disputes using ADR
Summary
The specialized unit for large taxpayers of the National Board of Revenue has recently advocated for alternative dispute resolution (ADR)... read more
Chambers created a new M&A Practice Group
In order to cater the need of our clients, we have formed an specialized niche M&A Practice Group comprising Chambers'... read more
Cabinet okays draft law on formation of one-person company
The cabinet on Monday gave the final approval to a draft law with a provision allowing formation of a company... read more
Bangladesh garment industry short on cotton as floods worsen protest backlog
Summary:
One of the largest centers of the world's apparel industry, Bangladesh, is experiencing a backlog in orders due to recent... read more
SEMINAR ON INVESTMENT OPTIONS (INSIDE SPECIALIZES ZONES VS OUTSIDE) & RELATED LEGAL ISSUES
Several tax benefits are provided under the Finance Act 2022, for the mobile manufacturers. Besides, the Companies with less than... read more
HYBRID SEMINAR ON M&A IN THE BANKING & FINANCE SECTOR
Mergers and Acquisitions (M&A) are strategic transactions where financial institutions are combined or consolidated. In a merger, two banks agree... read more
Congratulations to our client, Dr. Saiful Khandaker, for having company listed on the NASDAQ
We congratulate our client, Dr. Saiful Khandaker, a financial technology (Fintech) pioneer, for launching a company on the NASDAQ Stock... 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