Winding up of a company in Bangladesh in 2024 In Bangladesh, the winding up of a company may be either – Voluntary; or By the court; or Subject to the supervision of the court. Voluntary winding up is usually undertaken by solvent companies, except in the case of...
NBFI can invest in the Alternative Investment Fund – Bangladesh Bank. April 5, 2016. Non-banking financial institutions (FI) can now invest in non-listed special purpose funds registered with the Bangladesh Securities and Exchange Commission (BSEC), such as...
NBFIs allowed to hold meetings via video conference with BB approval Non-Banking Financial Institution can now hold board meeting, executive committee meeting or audit committee meeting through video conference if necessary while their chairman or any director are...
Economic zones are exempt from the BOI and Local Government Tax. April 28, 2016. All economic zones in Bangladesh, as well as any organizations incorporated within them, are immune from Board of Investment restrictions. They are also free from the Local Government Tax...
Monetary jurisdiction of the lower courts enhanced. MAY 21, 2016 On May 12, 2016, Bangladesh’s parliament enacted the “Civil Courts (Amendment) Act, 2016”. It will modify the Civil Courts Act of 1887. It will broaden the monetary jurisdiction of...
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