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COMPANY LAW Lecture Sheet-1 1.1-At a Glimpse Companies Act 1994 (Act XVIII of 1994) governs COMPANY LAW in Bangladesh. It received the assent of the President of the People's Republic of Bangladesh on 11 September 1994 and was published in the Bangladesh Gazette (Extra) on 12 September 1994. Before its enactment in 1994, company law was governed by the Companies Act 1913 which was amended in 1915, 1920, 1926, 1930, 1932, 1936, 1938, 1949 and 1969, 1973 and 1984. The early history of company law of India was laid in the British Companies Act 1844 on the basis of which the Joint Stock Companies Act 1850, the first company law for the sub-continent, was formulated. This act was based on 'unlimited liability'. Through a major amendment in the Joint Stock Companies Act 1850 in 1857, the provision of unlimited liability was replaced by 'limited liability' and the act was renamed...

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