Tag: Companies Act 1994
19 Dec
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Principle of Separate Legal Entity of Companies in Bangladesh
by Miss Anika Mardiah Chowdhury The principle of a separate legal entity of a company was recognised in the case of Salomon v. Salomon and Co. Ltd (1897) A.C 22, which stated that a company has a separate existence from its members. Thus, this concept protects the shareholders from being personally liable for any wrong […]
Read more 5 Dec
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Winding Up of Companies in Bangladesh
by Miss Makamam Mahmuda Section 234-321 of the companies Act 1994 deals with winding up of the company. Winding up represents the last stage in company life. It’s a proceeding by which a company is dissolved. Winding up may be defined as the process by which the life of a company is ended in the […]
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