Company Legal Affairs

Company Legal Affairs: As per company act-1994 with RJSC

Corporate law regulates how corporations, investors, shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community, and the environment interact with one another. In some cases, this may include matters relating to corporate governance or financial law.

PORTFOLIO offers a range of corporate services in the following areas:

 

  • Company name clearance;
  • Article of Association /Memorandum of Association;
  • Company registration as per section-4;
  • Change the name of the company as per section 11(6) and 88;
  • Annual statutory return fillings as per section- 190, 210, 83, 92;
  • Return of allotment as per section-151;
  • Return on registered address change as per section-77;
  • Conversion of a private limited company to a public limited company as per section-231;
  • Notice of increase share capital as per section-56;
  • Issuance of certified copy;
  • Share transfer as per section-38;
  • Trademark as per trademarks act, 1940;
  • Winding up as per section-286;
  • Report on corporate governance;
  • Preparation of AGM minutes;
  • Preparation of director’s minutes;

 

 

  • Formation and registration of companies and close corporations;
  • Maintenance of statutory records;
  • Amendments to and registration of statutory details;
  • Increase of share capital;
  • Change of company name;
  • Change of Articles & memorandum;
  • Preparation of special resolutions;
  • Advice on secretarial matters relating to the companies act;
  • Management of litigation;
  • Management of legal disputes;
  • License issues;
  • Legal opinion on laws, licenses, etc;
  • Compliance with relevant laws & regulations;
  • IP rights (Logo, Trademark, Copyrights );
  • Correspondence with corporate regulatory bodies;
  • Drafting, reviewing & providing an opinion on;

 

 

PORTFOLIO’s corporate & commercial legal services in Bangladesh acts for various foreign and domestic producers, distributors, service suppliers, trade associations in a broad range of international trade and services matters, from technology to heavy industry, to telecommunications.

The firm has experienced trade lawyers who are experts in dealing with corporate and commercial legal services in Bangladesh and provides comprehensive advice and assistance on all trade policy matters. The trade law practice at PORTFOLIO, as a Law Firm in Dhaka, Bangladesh, has always been a standard in its scope, as PORTFOLIO helped companies around the world to meet their trade policy and dispute resolution needs in Bangladesh.

  • Corporate law (also known as business law or enterprise law or sometimes company law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations, and businesses. PORTFOLIO often describes the law relating to matters which derive directly from the life-cycle of a corporation.
The major characteristics of corporate law
There are five principles that are common to corporate law:
  • Corporation owners pool their resources into a separate entity. That entity can use the assets and sell them. Creditors can’t easily take the assets back. Instead, they form their own entity that acts on its own.
  • When a corporation gets sued, it’s only the corporation’s assets that are on the line. The plaintiff can’t go after the personal assets of the corporation’s owners. A corporation’s limited liability allows owners to take risks and diversify their investments.
  • If an owner decides they no longer want a share in the corporation, the corporation doesn’t have to shut down. One of the unique features of a corporation is that owners can transfer shares without the same difficulties and hassles that come with transferring ownership of a partnership. There can be limits on how shareholders transfer ownership, but the fact that ownership can be transferred allows the corporation to go on when owners want to make changes.
  • Corporations have a defined structure for how they conduct their affairs. There’s a board of directors and officers. These groups share and split decision-making authority. Board members hire and monitor officers. They also ratify their major decisions. The shareholders elect the board.
  • Owners have a say in making decisions for the corporation, but they don’t directly run the company. Investors also have the right to the corporation’s profits. Usually, an owner has decision-making authority and profit-sharing in proportion to their ownership interest. Owners typically vote to elect board members.
Areas of Law You Can Specialize in
  • Arbitration is a technique of resolving civil and commercial disputes outside of court. The parties present their case to a single arbitrator or a panel who then hands down a decision by which the parties have agreed to be bound. It is increasingly common to arbitrate international disputes in a pre-agreed jurisdiction instead of turning to litigation where PORTFOLIO can help you to settle the issues.
  • Banking and finance is a diverse type of law that involves the regulation of financial products and is primarily focused on loan transactions. The work of a finance lawyer ranges from advising on simple bank loans to companies to working on highly structured financing arrangements across multiple jurisdictions. PORTFOLIO lawyers have to be very commercially minded and consider the business as well as legal implications of every deal.
  • Competition law is intended to prevent anti-competitive behavior in the market. PORTFOLIO aims to ensure the market is fair for consumers and producers by preventing unethical or anti-competitive practices designed to gain a larger market share than what would be achieved through honest competition.
  • Construction law deals with issues relating to building construction and engineering. It involves aspects of contract law, planning law, property law, commercial law, and tort. PORTFOLIO specializing in construction could be working on large building projects or acting in disputes where there has been defective construction or non-compliance with planning laws.
  • Corporate law governs the functioning of companies; from how they are formed to the transactions they are permitted to engage in. PORTFOLIO applies to shareholders, directors, creditors, and other stakeholders by regulating their rights and duties. One of the most important pieces of legislation in corporate law is the Companies Act 2006.
  • Criminal law is the branch of law that relates to crime and the punishment of those who violate laws. Most criminal law is established by statute, however, in Bangladesh, there are many important criminal cases which have created legal principle.
  • Dispute resolution can be split into two major types. Adjudicative processes include litigation and arbitration and involve an independent third party coming to a final binding judgment on an issue. Meanwhile, consensual processes like mediation, conciliation or negotiation involve the parties coming to a decision between themselves, sometimes with the help of an independent facilitator. And where PORTFOLIO can help you to settle the issues.
  • Employment law is the type of law regulating the relationship between employers and employees; PORTFOLIO sets out their respective rights and obligations. Employment law and pension’s law are related since employers often provide their employees with access to a pension scheme. However, pensions can also be a stand-alone area of specialism that involves advice on the creation, structuring, and funding of pension schemes, their management, and the resolving of any associated disputes.
  • Environmental law is shaped by treaties, statutes, regulations, common and customary laws that address the effects of human activity on the natural environment. Environmental law certainly has an international element as many treaties governing everything from pollution to sustainable farming are the result of multi-national agreements.
  • Family law deals with family matters and domestic relations, including marriage and civil partnerships, the termination of relationships, and child law. Family law has grown dramatically since the 1970s, as legislators and judges have reexamined and redefined legal relationships. Family law is now entwined with national debates over the structure of the family, gender bias, and morality.
  • Insurance law relates to the regulation of insurance policies and claims. It can be broadly broken into three categories – regulation of the business of insurance; regulation of the content of insurance policies, especially with regard to consumer policies; and regulations relating to insurance claims. Insurance law is largely based on contract law and also often involves the litigation of insurance claims.
  • Intellectual law relates to the rights and obligations which attach to creations of the intellect which can arise in artistic works as well as scientific inventions and various designs. This type of law regulates whether an intellectual property right exists, whether it has been correctly registered, and whether it can be exploited. Intellectual property includes registered rights such as trademarks, patents, and designs as well as unregistered rights such as copyright.
  • Property law governs the various forms of ownership and tenancy in and relating to the property. There are two types of property: real property (immovable property including land and buildings) and personal property (movable property such as jewellery and intangible property such as shares or intellectual property). Real property lawyers often advise on transactions involving freehold and leasehold property as well as various property rights such as the rights of tenants and rights of way overland.
  • Tax law regulates the taxation of individuals and companies. Tax law involves contentious and non-contentious work such as tax planning or litigation relating to compliance with tax laws. The tax law also spans both the public and private sectors; private-sector tax lawyers advise private individuals and companies on their tax affairs while public sector tax lawyers will work for governmental tax and revenue departments advising on the drafting and enforcement of tax legislation.
  • A tort is an area of law that stretches across a broad range of legal areas, allowing individuals who have had a wrong committed against them to claim damages against the person who has committed the wrong. This is one of the core topics in the LLB which all aspiring lawyers will learn about in detail during their studies and training.
  • A will is a legal document containing instructions as to what should be done with a person’s money and property after their death. If a person does not leave a will, their estate is distributed according to statutory probate rules. Trusts are legal instruments that allow the property to be held and dealt with by one person on behalf of another. PORTFOLIO lawyers advise on all these matters and are involved in estate planning, the administration and distribution of the deceased’s estate to beneficiaries, and any litigation relating to the estate.
Above all the lawshas the extensive idea.