Regulatory Alerts2020-12-15
Added · Updated
BRPD Circular Letter No. 57: Abolition of requirement to use the general seal of the Company
This circular informs scheduled banks in Bangladesh that the Companies (Amendment) Act, 2020 has abolished the legal requirement for companies to use a common company seal. The document includes a copy of the Gazette notification detailing specific amendments to the Companies Act, 1994, which delete references to the common seal from Sections 2, 24, 31, 46, 78, 79, 85, 208, 225, 262, 347, and 363, and replace Sections 128 and 129 to govern document execution via attorneys without the need for a seal.
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.
Share