Bangladesh Law Partners | BDLP

A patent is a type of intellectual property that provides its owner or the inventor the legal right to exclude others from inventing, using, or selling the invention for 16 years on payment of the prescribed fees and such period of protection may be renewed.

The Companies (Amendment) Act, 2020 was recently passed in the Parliament by amending the existing Companies Act, 1994, which was published in the Gazette on 25 February 2020 with the consent of His Excellency the President and has been in force since that day. Earlier, an initiative was taken to enact a new Companies Act, which seems to have been discontinued for the time being.

Most Bangladeshi companies are registered as private limited liability companies, commonly known as private limited companies. A private limited company in Bangladesh is a separate legal entity and shareholders are not liable for the company’s debts beyond the amount of share capital they have contributed. According to the Companies Act 1994, any person (foreign or local) above the age of 18 can register a company in Bangladesh.

It is often seen that many clinics, hospitals, and other medical service providers like diagnostic centers lack basic facilities to handle medical emergencies in their vicinity. In other cases, we have seen cases where certain patients of road accidents or attacks are rejected medical care by hospitals and clinics instead of treating them.

Bangladesh Law Partners BDLP, a concern of BDLP Consultancy Ltd reopened its doors on 31st May  2020 after a 10 week physical closure in line with Government & health department directions.

- by Barrister Shajib Mahmood Alam In a move to fulfill the conditions of its Private Sector Power Generation Policy, the Government of Bangladesh issued a new circular on the 2nd Day of January, 2020. By operation of the new circular, apart from coal based companies, all power generation companies will enjoy 100% tax exemption. This incentive will be available to all power generation companies who will start operation before 31st December 2022.