Public Limited Company (plc) | VDB

Bangladesh Keyword: Public Limited Company (plc)

Circular No. 04 dated 24 May 2023 issued by the Department of Financial Institutions and Markets of the Bangladesh Bank on “Identification as a Public Limited Company under the Companies (2nd Amendment) Act, 2020”

June 1, 2023

https://vdb-loi.com/bd_publications/circular-no-04-dated-24-may-2023-issued-by-the-department-of-financial-institutions-and-markets-of-the-bangladesh-bank-on-identification-as-a-public-limited-company-under-the-companies-2nd/

Under the 2020 amendment of the Companies Act 1994, all public limited companies must add “PLC” at the end of their company name. Therefore, they have to modify their memorandum and articles of association accordingly. In order to identify public limited companies, Bangladesh Bank has issued a circular based The circular issued by the Bangladesh […]