International Law

Amendments to the Bank Companies Act, 1991

Posted on August 29, 2007
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 loansMaximum number of Board of Directors is 13 and their tenures are two three-year terms;A family having above 5% shares would be entitled to have not more than two directors on the board and a family having less than 5% shares would be able to hold one post of director;Total amount of capital increased from Taka...

Khaleda Zia gets away with fines

Posted on August 29, 2007
Khaleda Zia has been fined Taka. 5,50,000/= for irregularities in filing papers with the Registrar of Joint Stock Companies in the "Dinkal" case. The company was also declared defunct by the court.

Appellate Division sends Sheikh Hasina's case back to the High Court Division

Posted on August 29, 2007
The Appellate Division of the Supreme Court of Bangladesh has sent Sheikh Hasina's case back to the High Court Division and stayed all interlocutory reliefs granted by the High Court Division, including bail. It means that now there would be a full hearing on the writ petition in the High Court...

Supreme Court Orders For Ex PM

Posted on July 30, 2007
In a writ petition filed by Sheikh Hasina against bringing the extortion case against her under emergency proclamation, a division bench of the High Court Division of the Supreme Court today issued a rule against the government, stayed the order bringing the case under emergency proclamation and granted ad interim bail to the former prime minister...

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Ex-PM Jailed

Posted on July 17, 2007
Ex Prime Minister and immediate past leader of the opposition Sheikh Hasina was jailed yesterday in an extortion case, after her prayer for bail was refused in the CMM Court. Her cousin Sheikh Selim is in jail in the same case.Undoubtedly, this puts the caretaker government under tremendous pressure...

Attorney General's Office Reshuffled

Posted on June 22, 2007
After dragging on the matter for months, finally the AG's office has been totally revamped. Almost 90% of the law officers were replaced. The Supreme Court is on vacation and the reaction to the changes are not known.

Mohiudding AKM Ahmed v Attorney General

Posted on June 18, 2007
One of the convicts in the coup and assassination of the founding President of Bangladesh Sheikh Mujibur Rahman has been deported from United States to Bangaldesh. This is the fifth case of bringing in the convicts of the case. After arrival, Chief Metropolitan Magistrate sent him to jail...

Former PM Barred from Leaving the Country

Posted on June 14, 2007
A Dhaka court yesterday barred the former Prime Minister and Awami League President Sheikh Hasina from leaving the country. This comes as no surprise since two extortion cases have been filed against her by two businessmen who are known to have been closely associated with her party...

Major Environmental and Related Laws of Bangladesh - Part 1

Posted on June 12, 2007
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 in the energy sector and rapid urbanization and industrialization, it is surely a pragmatic step to enact reforms at this point of time if not earlier...

Money Whitening Scope

Posted on June 12, 2007
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 facility is available for the last five tax years...

No bail for the big wigs

Posted on June 12, 2007
It seems that the big wigs caught by the army launched anti-corruption move have no other option but to face their trial while in custody. After the High Court Division of the Supreme Court ordered that some of them should be released on bail, the Chief Justice of Bangladesh took away bail power from those benches...

Upcoming Coal Policy in Bangladesh

Posted on June 11, 2007
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 has been stagnant for the last five years...

Changes in the Attorny General's Office

Posted on May 15, 2007
Major changes in the Attorney General's office were expected when the new interim government came to power. But at the beginning, the government was happy to just appoint a new Attorney General and Additional AG. But further changes were on the way. It is rumored that a new list of Deputy Attorney Generals and Assistant Attorney Generals is already pending for approval in Ministry of Law and that majority of the law officers will have to go...

Reconstitution of Benches

Posted on May 15, 2007
For the last two weeks everyone in court was guessing whether the arrestees in the anti-corruption drive would be released on bail. The hearings were lengthy. The new emergency proclamations provide that arrestees cannot be freed on bail pending trial...

UCP 600: The New Rules on Documentary Credit

Posted on April 13, 2007
[This article appears in the March,2007 issue of Dhaka Law Reports]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...

Evolution of Islamic Jurisprudence - Part 1

Posted on April 13, 2007
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 who do not rule in accordance with what is revealed by Allah are the disbelievers? (Sura Al-Maidah, v 44) Thus the source of Islamic Law is the Quran and the Sunnah (Tradition) of the Prophet (PBH)...

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