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The Dhaka Chamber of Commerce & Industry (DCCI) has called for the modernization of the Companies Act 1994 to ensure better compliance and governance in businesses. At a recent workshop, experts emphasized that adherence to laws is vital for transparency, accountability, and global competitiveness. RJSC Registrar A.K.M. Nurunnabi Kabir highlighted the need to digitize share transfer processes and stressed regular AGMs and audit reports. Over 275,000 companies are registered with the RJSC, and enhancing compliance can ease access to government services and improve the business environment.

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Amar Desh 02 Aug 25

Dhaka Chamber Calls for Modernization of Company Law

All business institutions must operate in compliance with relevant laws and regulations, and in today’s globalized world, there is no alternative to maintaining business compliance to remain competitive in international markets. Adherence to rules and regulations makes it easier to prevent irregularities and misuse. To tackle current challenges effectively, there is no alternative to reforming and modernizing the Companies Act of 1994.


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