This is a crucial time in Bangladesh to find out the ways to reduce the default loan in the banking system, in a scenario where the amount of default loan is above 99 thousand crore taka only in 2018. All the stakeholders including the new Government of Bangladesh are searching ways to reduce this default loan. In this writing, I am trying to find out the way of reducing default loans through shifting the paradigm of liability of the defaulter from civil to criminal liability.
Media reports sometimes claim that the law for recovery of non-performing loans (NPL) as crafted in the principal law in force in this regard, the Money Loan Court Act, 2003 (MLCA) is too soft towards the borrowers.
On 4 October 2018, a bench comprising Chief Justice of India Ranjan Gogoi and Justices S.K. Kaul and K.M. Joseph dismissed an application to restrain the Government from taking steps to deport to Myanmar seven Rohingya refugees jailed in Assam.
The recent decision of the International Criminal Court's Pre-Trial Chamber recognising the Court's jurisdiction over Myanmar's alleged crimes against humanity has been hailed as breaking new ground in the Rohingya crisis and in the pursuit of international criminal justice more broadly.
In Bangladesh, everyday serious accidents occur due to rough, speedy and reckless driving of bus and truck drivers.
The European Union (EU) has adopted the unified law General Data Protection Regulation (GDPR) for all EU member states to ensure protection of personal data or information of an individual within the EU. By repealing the previous Data Protection Directive of 1995, the GDPR came into force on 25 May 2018 with the aim to take the data protection issues to a different level as it has introduced stricter regulatory obligations, wider territorial scope and hefty fine for non-compliance.
The appointment of independent directors is essential for listed companies in order to ensure good corporate governance. One of the main reasons behind appointing independent directors is to ensure objectivity so that they can evaluate the performance and wellbeing of a company without having any conflict of interest or undue influence.
Can Artificial Intelligence claim IP-ownership?
Today we use many services or products even without noticing that these are Artificial Intelligence (AI) generated, as for example, auto pilot system in airplanes, spam filters in emails, plagiarism checker softwares, etc.
Sand is an important natural resource of our country. Proper use of sand after extraction from the quarry can contribute to economic growth and help in reducing poverty as it can create the employment opportunity to some extent.
In 2010, the government resumed the post war justice out of a commitment to end the culture of denial and impunity. It was assumed that - many (if not all) of the perpetrators - will be brought to justice.
In rural Bangladesh, conflict management has been apparent over the years. The Village Courts Act of 2006, which replaced and updated the Village Courts Act of 1976, provides for the establishment of a court in every Union Council.
Shoppers of retail stores would have noticed that many of these stores insist on a policy of not taking photographs within the store.
In the making of Bangladesh Constitution, the issue of language – particularly ‘Bangla as a language’ – had been practically very significant to be understood from two historical contexts.
In 2003, the United Nations General Assembly in its resolution 58/5 acknowledged sport as a way to encourage learning, fitness progress and peace.