RegAlert2015-06-11
Added
Exemption of Foreign-Owned and Joint Venture Companies from Compliance with Provisions for Public Limited and Listed Companies
The document grants an exemption to foreign-owned companies and joint venture companies with foreign investment from the compliance of provisions applicable to public limited and listed companies. This exemption is issued under the Companies Act, 1994, and references previous notifications from 2010 and 2015. The specific regulatory requirements from which these entities are exempted are detailed in the referenced statutory instruments.
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Registered No. D.A-1
Bangladesh Gazette
Extraordinary Number
Published by Authority
Tuesday, June 30, 2015
[Notifications and Notices Issued by or on Behalf of the Government of Bangladesh]
MINISTRY OF FINANCE
Notification No. S.R.O. 118, 2015
In exercise of the powers conferred by section 29 of the Companies Act, 1994 (Act No. XIX of 1994), the Ministry of Finance hereby exempts, subject to the conditions specified herein, foreign-owned companies and joint venture companies with foreign investment from the compliance of the provisions of the Companies Act, 1994, and the rules made thereunder, as specified in the notifications issued by the Ministry of Finance vide S.R.O. 159/36/Off/03-44 dated May 5, 2010, and S.R.O. 159/36/Off/03-44 dated January 1, 2010.
Issued by the Ministry of Finance.
Md. Nazrul Islam (Deputy Secretary), Director, Bangladesh Government Printing Press, Tejgaon, Dhaka. Al-Mamun Hossain (Deputy Secretary), Director, Bangladesh Form and Publication Office, Tejgaon, Dhaka.
Ref: No. 5053
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Source: Bangladesh Securities and Exchange Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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