Rethinking Of Rights And Procedural Complexity In Transfer Of Share: A Review Under Company Law In Bangladesh
AbstractThis paper unveils the pen-picture of rights in transfer of share and the pitfalls in that regard. In order to find out the pitfalls, the Companies Act 1994 in Bangladesh has been taken as the bedrock for analysis. Also, the Listing Regulation of Dhaka Stock Exchange Limited 1996 in Bangladesh has been applied to streamline the analytical issues. Various forms in transfer of share create a problem for transferor in Bangladesh. Indeed, the provisions of the Act are manufactured in such way that it throttles the rights of transferor. The confusion over rights in joint shareholding seems to put shareholders at stake owing to the inadequate legal support. Refusal in transfer of share is lamentably more emphasized in the Act than rights and the process of transfer in provision appears favoring the refusal rather than protecting the rights. All these have been critically extrapolated with the study over the relevant English, Indian and Pakistani laws to redress the balance in transfer of share in Bangladesh.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by ASERS Publishing in its journal Journal of Advanced Research in Law and Economics.
Volume (Year): II (2011)
Issue (Month): 1 (June)
Contact details of provider:
Web page: http://www.asers.eu/journals/jarle.html
transfer of share; Companies Act 1994; pre-emption; refusal; director;
Find related papers by JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- K11 - Law and Economics - - Basic Areas of Law - - - Property Law
- K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Madalina Constantinescu).
If references are entirely missing, you can add them using this form.