AREA OF EXPERTISE
- Opinions on all types of payment instruments (e.g. documentary credits and other negotiable instruments) Government regulations and sanctions
- Opinions on Bangladesh Bank (the Central Bank) notifications, guidelines etc
- Foreign Exchange Transactions
- Enforcement of Charges, Debentures
- Internal management and employment issues
- Representing banks and borrowers in loan recovery cases is specialised money loan courts
- Regulatory framework for mobile financial services
AREA OF EXPERTISE
- Bank loan, credit & security documentation: drafting and review
- Loan syndication
- Re-organizing and restructuring banking companies
- Litigation and advisory work on the Bank Companies Act
- Recovery of debts and dishonour of cheques
- Escrow, Consortium, Mortgage, Pledge & Lien Agreements
- Securitization of Assets
- Charge Actions & Foreclosures
REPRESENTATIVE WORK
- Advised Visa Worldwide a global payments technology company on the regulatory framework for mobile financial services/mobile banking in Bangladesh.
- Represented Pubali Bank Ltd. the largest private commercial bank in Bangladesh, in a court case against the Security and Exchange Commission challenging the legality of SEC’s consent to capital issue granted to Unique Hotel & Resorts Ltd.
- Advised Sonali Bank Ltd. the largest state owned commercial bank in Bangladesh, on their legal obligations under international Letters of Credit.
- Represented The City Bank limited in multiple court cases under the Banking Companies Act and the Income Tax Ordinance.
- Loan & security documentation review of a branch of a foreign bank.
- Internal restructuring of Arab Bangladesh Bank Limited in compliance with Bangladesh Bank’s notifications.
SELECTED REPORTED DECISIONS
| Parties | Citation |
|---|---|
|
A.Q.M. Shah Alam Chowdhury vs. Govt. of Bangladesh and Others |
28 BLD (AD) (2008) 69 |
|
AQM Shah Alam vs. Bangladesh and ors |
13 BLC (AD) (2008) 122 |
