Category: Legal Resources
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Joint Venture in Construction: Legal issues from a Bangladeshi perspective
Ms. Ferdouse Tuly The government of Bangladesh conducts tendering for various constructions or infrastructures through contracts. There are some standard documents of these Tenders. In order to get some Tenders, some eligibility criteria have to be fulfilled. There are some pre-qualification processes for Tenderers in the “Standard Pre-qualification Document for Procurement of Works (International) provided […]
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Subcontracting in Construction Project: Legal Issues
Anika Mardiah Chowdhury A contractor can be defined as an individual or organization that is hired to perform work for another individual on a contractual basis. In other words, “Contractor” means the General Contractor or the General Contractor’s authorized representative. There have many categories of contractors from them subcontractor is responsible for doing a specific […]
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Termination of Employment by Employer
By Sabrina Mahisha Mahboob In the case named “Haiderr Ali Mollah vs 2nd Labour Court, Dhaka [1990 42 DLR 2000],” the definition of “Termination” is given by highlighting that “it is a recognized method of dispensing with the service of a worker by an employer, after fulfilling certain conditions.” So that, an Employer can terminate […]
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Mortgage of Property, a brief discussion
Anika Mardiah Chowdhury A mortgage is the transfer of an interest in specific immovable property for the purpose of securing the payment of money advanced or to be advanced by way of loan an existing or future debt or the performance of an engagement which may give rise to a pecuniary liability. In other words, […]
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Winding Up of companies in Bangladesh -case law & precedents.
Anika Mardiah Chowdhury Winding up a company means ceasing up its existence and this winding up or liquidation is possible if the company is registered as per the law of Bangladesh. In some cases, the liquidation process and winding up differs slightly, while liquidation is specifically about selling off company assets to pay creditors […]
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Employee Gratuity Fund approval process.
Miss. Fariha Salsabil Overview of Gratuity fund Gratuity is a separation benefit that is provided to an employee upon termination of his employment from the employer. According to The Bangladesh Labour (Amendment), Act 2015 “Gratuity” refers to wages of at least 30 (thirty) days, at the rate of the final salary received by a worker, […]
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Secretarial Compliances for Private Limited Companies in Bangladesh
Section 34: Register of member (1) Every company shall keep in one on or more books of register its members containing- name, address, and occupation (if there is any); if the Company has a share capital, a statement of the shares held by each member, distinguishing each share by its number, and of the […]
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Share transfer process for Companies in Bangladesh.
by Ferdous Ara Tuly According to Section 2(1)(v) of the Companies 1994, “Share” means a share in the capital of the company, and includes stock except when a distinction between stock and shares is expressed or implied. One of the elements of a company is that its debentures or shares are moveable property and these […]
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Employee’s Rights at Workplace in Bangladesh
By Anika Mardiah Chowdhury Bangladesh is a populated country and here most people include in the labor force. Most of the labor organizations or companies or garments have their own rules and regulations but all of them had to follow the minimum statutory standards and must make rules according to the same. Bangladesh employment law […]
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Enforcement of Foreign Arbitral Award in Bangladesh
By Anika Mardiah Chowdhury In order to harmonize global practice in the commercial field, the United Nations Commission on International Trade Law has adopted the UNCITRAL Model Law on International Commercial Arbitration. Many countries have adopted this in their domestic law, Bangladesh also has adopted this modern practice and adopted the law Arbitration Act, 2001 […]
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