Category: Uncategorized

Legal Position relating to Guarantors in Corporate Loan in Bangladesh :

by Razia Sultana, Associate In a lending scenario by a Company, usually lenders require personal guarantee from the directors of the company. A personal guarantee is a type of guarantee where one or more company directors personally guarantee to repay any debts of their business if the company face any financial crisis or unable to

Membership of IR Global

I am delighted to announce that our law firm Jural Acuity has become an exclusive member Firm of IR Global in Foreign Direct Investment & Tax (law) category. IR Global is a network of Firms having Members in 155+ Jurisdictions.

Laws & Policies of Investment in Bangladesh 

Bangladesh actively seeks foreign investment, particularly in apparel, power, oil and gas, and infrastructure projects. It offers a range of investment incentives under its industrial policy and export-oriented growth strategy with few formal distinctions between foreign and domestic private investors. Foreign and domestic private entities can establish and own, operate, and dispose of interests in

Legal Issues in Real Estate Projects: Developer vs Landowners

Legal Issues in Real Estate Projects: Developer vs Landowners Construction sector is one of the key driving force behind the economic boom of our GDP. Amongst the same, it has become very lucrative for the landowners in urban areas to jointly develop land with developer company. This not only generates a lot of upfront cash

Need of personal data protection laws in Bangladesh: A legal appraisal

By Advocate Md. Shahabuddin Molla and Sumiya Nahara “Personal data” means a data that relates to a person who is directly or indirectly identifiable, or any other feature of the identity of such person, or any combination of such features with any other information. Personal data will be turned to Sensitive Personal Data when it

Divorce Under Muslim Laws in Bangladesh by Shawline Hossain LL.B

In Islamic law, marriage is a legal and social contract between a man and woman. Marriage is an act of Sunnah in Islam and is strongly recommended; the age of marriage being whenever the individuals feel ready, financially and emotionally. Muslim law is based on the idea of saving marriage rather than ending it. But

Joint Venture Agreements in Bangladesh Perspective 

Bangladeshi being one of the most preferred investment destinations has seen an influx of foreign investments in recent years. Except some areas, Bangladesh’s Foreign Direct Investment (“FDI”)  Policy allows 100% FDI for setting up Companies.  However due to cultural differences and lack of strict adherence of the legal principles, many foreign investors are keen to

Procedure for Opening Liaison Office/ Branch Office in Bangladesh

What is liaison office? A Liaison Office [also known as representative office] can undertake only liaison activities i.e. it can act as a channel of communication between Head Office aboard and parties in Bangladesh. It is not allowed to undertake any business activity in Bangladesh and cannot have any income in Bangladesh. What is Branch