Having 10+ years of experience, A.KARIM & COMPANY is a dynamic, innovative and robust set of law chambers specializing in banking, finance, corporate, commercial, company and securities, constitutional and administrative, intellectual property, shipping, arbitration and tax law. We are specialized … Read More
Demutualization is the current trend among stock exchanges all over the world. It is the process of converting an organization from a mutual entity to a shareholder owned corporate body. Traditionally, stock exchanges operated as club-like mutual organizations where traders/brokers … Read More
Short History of Admiralty law in Bangladesh: The Admiralty jurisdiction in the Indian sub-continent was established and administered during the British era. Till date, all of the laws applied in India originated from England by way of Royal Charters, Letters … Read More
Short History of Admiralty law in Bangladesh: The Admiralty jurisdiction in the Indian sub-continent was established and administered during the British era. Till date, all of the laws applied in India originated from England by way of Royal Charters, Letters … Read More
The Foundation Stage The first stage of the development of Fiqh covers the last twenty three years of the life of the Prophet (PBH) (609-632 C.E). The two main sources of law were introduced in that time; the Quran and … Read More
The legality of pronouncing ‘fatwa’ in Bangladesh is before the honourable appellate division of the Supreme Court of Bangladesh. A local Moulvi had declared his neighbour’s marriage to his wife void because of oral pronouncement of talaaq expressed a year … Read More
“We are under a Constitution, but the Constitution is what the judges say it is… “ — Charles Evans Hughes, 11th Chief Justice of the United States.[1] ADNAN M L KARIM Barrister-at-Law The Supreme Court has declared the Fifth Amendment … Read More
The Supreme Court of Bangladesh has sent its decision to the President on the reference sent to it under Article 106 of the Constitution. The Reference sought the apex court’s opinion whether BDR personnel could be tried under the Army … Read More
Supreme Court Company Rules have been published in the official gazette
As far as I know three Ordinances have been ratified/passed. The Right to Information Act, Dhaka Power Distribution Company Act and Bangladesh Biman Act (the titles may be wrong because they haven’t been published yet).
A very tragic event took place on the 24th and 25th of February, 2009 at the Bangladesh Rifles (BDR) headquarters in Dhaka resulting in the loss of lives of scores of army officers, their family members, some Bangladesh Rifles personnel … Read More
The new government has placed 122 ordinances before the parliament. Unless passed within 30 days of the first parliamentary session, those ordinances promulgated by the President during the caretaker government’s two year tenure would become automatically ineffective. Some of the … Read More
The Chief Adviser today inaugurated the laws of Bangladesh website (http://www.bdlaws.gov.bd) . The site show cases all Acts of Parliament, Ordinances and President’s Orders promulgated and updated upto October 20, 2008. It also has various search options and index, alphabetical … Read More
The Care Taker Government has relaxed the emergency power rules for the local government elections. As per the new provisions, campaign activities would be allowed for 21 days prior to the election. The Government is yet to publish the details.
Bangladesh Bank, the banking regulator, has informed all banks in Bangladesh that they must have a director from their ordinary account holders. The Banker’s Association of Bangladesh (BAB) and business community have sharply criticized this move by saying that if … Read More
As per new Securities and Exchange Commission rules, all private limited companies that have paid up capital over Taka.40 crore will have to be converted to public limited companies and must be listed on the stock exchange. The business community … Read More
It is widely speculated in the media that the Government may setup a Truth Commission soon to investigate past corruptions in the country. Although most such Commissions usually deal with human rights issues, the National Accountability Bureau of Pakistan is … Read More
A recent comment by the Secretary-General of Jamaat-E-Islami that there are no war criminals in Bangladesh sparked off again the old debate of trying the war criminals and collaborators of the Independence War. After the war a general amnesty was … Read More
From 1st November, the much anticipated separation of the lower judiciary from the executive took place amidst a festive mode. Since the independence of the Indian sub-continent, the total separation of the judiciary remained an important but unresolved issue. But … Read More
From 1st November, the much anticipated separation of the lower judiciary from the executive took place amidst a festive mode. Since the independence of the Indian sub-continent, the total separation of the judiciary remained an important but unresolved issue. But … Read More
The historic event of separation of the judiciary from the executive is to take place on November 1st. The Chief Justice of Bangladesh will attend the ceremony at the District Court premises in old Dhaka. After the judgment in Mazder … Read More
The government has decided to totally revamp the AG’s office. The service will be made permanent and Deputy and Assistant AG’s would be recruited through the Public Service Commission like all other public servants. The new changes would be carried … Read More
The government has decided to totally revamp the AG’s office. The service will be made permanent and Deputy and Assistant AG’s would be recruited through the Public Service Commission like all other public servants. The new changes would be carried … Read More
The caretaker government has decided to form a Constitutional Committee headed by the Chief Justice. A draft ordinance has already been approved. The Committee would be responsible for recommending candidates for appointment to the Constitutional posts which includes Judges, the … Read More
The caretaker government has decided to form a Constitutional Committee headed by the Chief Justice. A draft ordinance has already been approved. The Committee would be responsible for recommending candidates for appointment to the Constitutional posts which includes Judges, the … Read More
Registration and stamp fees for incorporating companies has been significantly increased. The Registrar of Joint Stock Companies is yet to update its website( www.roc.gov.bd). For example, the stamp duty is now Taka: 1200/= instead of Taka: 120/= and registration fee … Read More
The Government has decided to bring amendments to the Bank Companies Act 1991 by the Bank Companies (Amendment) Ordinance 2007. Major tightening measures are expected. Highlights of the new ordinance are: Changed definition of default loans Maximum number of Board … Read More
The Government has decided to bring amendments to the Bank Companies Act 1991 by the Bank Companies (Amendment) Ordinance 2007. Major tightening measures are expected. Highlights of the new ordinance are: Changed definition of default loans Maximum number of Board … Read More
Although Laws relating to environment can be traced to as early as the Penal Code of 1860, it is only during the last decade or so that we see major environment law reforms taking place in Bangladesh. With new development … Read More
The National Board of Revenue has recently declared that taxpayers can ‘whiten’ their money within 31st July,2007 by paying 5% additional tax. This means that taxpayers who had undeclared assets can declare them and no questions would be asked. This … Read More
Energy adviser to the interim government Tapan Chowdhury confirmed yesterday that the new national coal policy would be finalized within July. This comes as the pressure increases from foreign investors and experts inside Bangladesh to further energy sector development, which … Read More
The new rules for Uniform Customs and Practice for Documentary Credits will come into force on 1 July 2007. These rules are called the UCP 600. The previous version, UCP 500, had been operative since 1994. Historically, ICC does revision … Read More
The fountainhead of Islamic Jurisprudence is that sovereignty belongs to Allah alone and therefore the law comes from him alone. As such, there is no one except Allah who can legislate. As it is said in the Holy Quran: “Those … Read More
It would not be an exaggeration to say that the very definition of terrorism is broad and misunderstood generally. According to Oxford English Dictionary, terrorism means “the use of violent action in order to achieve political aims or to force … Read More