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Legal Encironment of Business in Bangladesh

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Submitted By shahin9315
Words 7564
Pages 31
Legal Environment of Business in Bangladesh

A Report On

“Legal Environment of Business in Bangladesh”

Course Title
Legal Environment of Business

Course Code
LAW-234

Submitted to
Abeer Khandker
Lecturer
Faculty of Business Administration
ASA University Bangladesh

Submitted by Name ID

Hosnain Ahmed 092-12-0002

Riyadh Ahmed 092-12-0003

Mahmudul Hassan 092-12-0006

Tasmia Kamal 092-12-0017

Nafisa Halim 092-12-0021

Sanjida Akter 092-12-0024

Habiba Sultana 081-12-0220

Date of Submission: 20th April, 2011

Table of Contents
Introduction 4
Legal Procedures to Starting a Business 5 Banking Companies 5 Financial Institutions 6
Legal Procedures to Continue a Business 7 Financial Institutions 7 Other Companies 9 Dealing with licenses 9 Employing workers 10 Registering property 10 Getting credit 11 Paying taxes 12 Protecting investors 13 Trading across borders 13 Enforcing contracts 14
Legal Procedures to Ending a Business 16 Banking Company 17 Financial Institutions 25
Summary of Indicators - Bangladesh 27
Conclusion 29
Reference 30

Introduction

The Legal Environment of Business commences with the systems approach to management and an analysis of the relationship between law and ethics. The first module reviews the foundations of the legal environment of business, including agency law and the law of fiduciaries generally.

This module also addresses the laws of contracts and torts. It introduces the elements necessary for a binding contract and demonstrates ways managers can use contracts to strengthen business relationships and allocate risk and reward.

A tort is a civil wrong, such as fraud or negligence.

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