A delegation of ICMAB led by its President Mr. Jamal Ahmed Choudhury had an exclusive meeting at Ministry of Commerce (MoC) on the draft Companies Act-2016 on August 16, 2017.
Ministry of Commerce of the Government of the People’s Republic of Bangladesh had taken an initiative to prepare Draft New Company Act-2016. Ministry via an official letter requested ICMAB to review the draft of Companies Act-2016 and make a presentation regarding ICMAB’s recommendations on the draft Act. Considering the matter professionally the President of ICMAB constituted a 7 (seven) member Committee to accomplish this huge task of reviewing 516 sections of the draft Act. The Committee Members are as follows:
1. Mr. Satipati Moitra FCMA
2. Mr. Mohammed Salim FCMA
3. Mr. Md. Abdur Rahman Khan FCMA
4. Prof. Dr. Swapan Kumar Bala FCMA
5. Mr. Abdul Matin Patwary FCM A
6. Mr. Md. Kausar Alam FCMA
7. President ICMAB ( himself)
President also engaged Executive Director, ICMAB to assist the committee for all secretarial support.
After reviewing the draft Act-2016 with 15 (days) of rigorous work ICMAB finally submitted made a draft comments & recommendation for Ministry of Commerce.
On July 16, 2017 an exclusive meeting was held with ICMAB at Ministry of Commerce. The meeting was chaired by of Mr. Shubhashish Bose, Hon'ble Secretary, Ministry of Commerce. ICMAB presented the draft through power point presentation. The presentation was made by Dr. Nikhil Chandra Shil FCMA. The presentation and discussion was very lively and interactive throughout 2.50 hours long meeting. Additional Secretaries, Registrar of Joint stock companies & firms, Representatives from Bangladesh Securities and Exchange Commission and other high officials of the Ministry widely participated in the discussion.
The secretary appreciated a lot of this task and thanked ICMAB that to carry out this massive work. He also praised ICMAB that whenever any work given for national interest, ICMAB take the matter earnestly and do the job actively for further advancement. President ICMAB also assured Commerce Secretary that ICMAB is always ready to perform any given opportunity for the sake of the nation.