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19 February, 2020 00:00 00 AM
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No seal needed for company registration; bill passed  

UNB, Sangsad Bhaban

Parliament yesterday passed the Companies (Amendment) Bill 2020, dropping a provision of having a seal for getting a company registered, which will in turn help Bangladesh improve the ease of doing business index.

Commerce Minister Tipu Munshi moved the Bill and it was passed by voice vote.

The draft bill was approved amending some sections of the existing Company Act, 1994 to exempt the compulsory provision of having a seal for a company to get registered.

 

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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