( ACT NO. II Of 1953 ) [ 21st March, 1953 ] An Act to provide for the prevention of haphazard construction of buildings and excavation of tanks which are likely to interfere with the planning of certain areas in ...

Read with Foreign Private Investment (Promotion andProtection) Act, 1980 Third Party right While doing something Bangladesh should always be concerned about the adverse impact it might have no foreign investors in this country. But law has its own way and ...

( ACT NO. XI Of 1980 ) [ 1st April, 1980 ] An Act to provide for the promotion and protection of foreign private investment in Bangladesh. WHEREAS it is expedient to provide for the promotion and protection of foreign ...

Section 2(a) —“arbitration agreement” For a valid arbitration agreement, there need not be a formal agreement executed or signed by the parties. The agreement must be in writing and accepted by the parties. No particular form is necessary, and such ...

What is Arbitration? An arbitration is an alternative form of resolution of disputes between parties and as such the arbitrator must have power to decide all the differences and disputes between them. [Para- 121] B.A.D.C Vs. MIs Kibria &Associates Ltd. ...

Arbitration Act, 1940 1st Schedule, Para 2 As the Board of Arbitrators constituted under the agreement between the partners consisted of even number of members, they ought to have appointed an umpire within the prescribed time. Khitesh Chandra Debnath vs ...

26[27A. (1) Notwithstanding anything contained in this Order, the Government may, if in the national interest it deems it expedient so to do, transfer, by agreement, the entire undertaking of any new bank to any company registered under the Co ...

(1) Every new bank shall carry on and transact all kinds of banking business. (2) Without prejudice to the generality of the foregoing provision, every new bank may, in particular, carry on and transact the following kinds of business, namely:- ...

( ACT NO. 26 Of 1972 ) [ 26th March, 1972 ] WHEREAS it is expedient to provide for the taking over of the undertaking of certain banks in Bangladesh and for matters connected therewith or incidental thereto; NOW, THEREFORE, ...

Article-21(3) Bank Rate Bank rate being a specified and definite rate prevailing on the date of realization would be the rate of interest which the Bangladesh Bank  rediscounts the  first class bills of exchange from the commercial bank. Md.  Asalat ...