Analysts discuss draft companies act
An amendment to several clauses and inclusion of new provisions in the new companies act are required to simplify business processes and make the act user-friendly for its stakeholders, said the chief of the Institute of Chartered Accountants of Bangladesh (ICAB) on Tuesday.
Referring to drafting of a new companies act, ICAB President Parveen Mahmud said the act must be non-discriminatory and operational.
Parveen spoke at a discussion on drafting a new companies act for Bangladesh. The ICAB organised the programme at Ruposhi Bangla Hotel in Dhaka, the body said in a statement.
The programme was aimed at discussing some issues of the present companies act and suggesting some reforms for the new act to make it more accountable and transparent.
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