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Faculty of Law - Papers (Archive)

Bangladesh

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Women's Participation In Union Parishads: A Quest For A Compassionate Legal Approach In Bangladesh From An International Perspective, Afroza Begum Jan 2012

Women's Participation In Union Parishads: A Quest For A Compassionate Legal Approach In Bangladesh From An International Perspective, Afroza Begum

Faculty of Law - Papers (Archive)

A woman's capacity to participate in politics is a constitutionally entrenched and fundamental right in Bangladesh, repeatedly affirmed in several pieces of legislation, the most recent being the Local Government Act, 2009. Despite the endorsement of a series of affirmative features to promote women's equality, empirical research reveals very disappointing results. This paper investigates some of the fundamental constraints that hinder women's participation in Union Parishads, the third tier of local government, with special reference to a number of serious flaws in the Act. A compassionate approach is developed for the workplace to accommodate exceptional gender-centric concerns in Union Parishads …


Securities Market In Bangladesh: A Critical Appraisal Of Its Growth Since Its Inception In 1954, Sheikh M. Solaiman Jan 2005

Securities Market In Bangladesh: A Critical Appraisal Of Its Growth Since Its Inception In 1954, Sheikh M. Solaiman

Faculty of Law - Papers (Archive)

Bangladesh securities market came into being in 1954. Despite its operation of half of a century, its growth is unimpressive. The market remains in its infancy because of multifarious weaknesses affecting its operation. Legal and regulatory weaknesses are considered to have hindered the market most from growing to a reasonable extent. The securities regulator introduced unrealistic reforms one after another over the last decade. The lack of appropriate legal reforms has sometimes created regulatory fragility and in turn facilitated corporate culpability. Nothing significant has been done so far to provide protection to investors. The regulator in January 1999 imported the …


Adoption Of The Disclosure-Based Regulation For Investor Protection In The Primary Share Market In Bangladesh: Putting The Cart Before The Horse?, S M. Solaiman Jan 2005

Adoption Of The Disclosure-Based Regulation For Investor Protection In The Primary Share Market In Bangladesh: Putting The Cart Before The Horse?, S M. Solaiman

Faculty of Law - Papers (Archive)

The Bangladesh securities market, despite ifs operation of half of a century, remains in embryonic form. The market has been suffering from a chronic lack of investor confidence since 1997 following an unprecedented share scam. Ever since, the government has been striving in vain to promote investment by progressively offering incentives to investors and corporations. The government watchdog unexpectedly introduced the Disclosure-Based Regulation (DBR) in January 1999 to protect investors from the misfeasance of other players in the market for Initial Public Offerings. Recent studies have identified some problems in the market, which are unfavourable for the new regime. In …


Investor Protection And Judicial Enforcement Of Disclosure Regime In Bangladesh: A Critique, Sheikh M. Solaiman Jan 2005

Investor Protection And Judicial Enforcement Of Disclosure Regime In Bangladesh: A Critique, Sheikh M. Solaiman

Faculty of Law - Papers (Archive)

The effectiveness of any law largely depends on the clarity of legal provisions and the activity of their enforcement institutions. Securities law, which is inherently complex, must be unambiguous to be properly applied. Judges and lawyers dealing with securities litigation need to be trained properly to provide justice for the public. Laws governing initial public offerings in Bangladesh are ambiguous in many respects, and the judiciary lacks judges and lawyers sufficiently experienced in this area of law. As a result, judicial enforcement of disclosure requirements in prospectuses appears to have been a difficult task. The administrative enforcement of those requirements …