A Complete Guide to Winding Up & Liquidating a Company in Bangladesh (2026)<\/title> <meta name=\"description\" content=\"The definitive 2026 guide on how to wind up or liquidate a company in Bangladesh. Understand the complete legal process, required documents by RJSC, and procedures under the Companies Act, 1994 for closing a business operation.\"> <meta name=\"keywords\" content=\"winding up company in Bangladesh, closing a company in Bangladesh, company liquidation process Bangladesh, legal procedure for closing a company, Companies Act 1994 liquidation, RJSC winding up, company dissolution Bangladesh, voluntary winding up\">  <script src=\"https:\/\/cdn.tailwindcss.com\"><\/script> <script src=\"https:\/\/cdn.jsdelivr.net\/npm\/chart.js\"><\/script> <link rel=\"preconnect\" href=\"https:\/\/fonts.googleapis.com\"> <link rel=\"preconnect\" href=\"https:\/\/fonts.gstatic.com\" crossorigin> <link href=\"https:\/\/fonts.googleapis.com\/css2?family=Inter:wght@400;500;600;700;800&display=swap\" rel=\"stylesheet\">  <\/p>\n<style> body { font-family: 'Inter', sans-serif; background-color: #f8fafc; color: #334155; scroll-behavior: smooth; }  \/* Timeline specific styles *\/ .timeline-item { cursor: pointer; transition: transform 0.2s ease-in-out, background-color 0.2s, color 0.2s; } .timeline-item:hover { transform: translateY(-2px); } .timeline-item.active { background-color: #2563EB; color: white; transform: translateY(-2px); } .timeline-item.active .timeline-dot { background-color: #2563EB; border-color: #DBEAFE; } .timeline-dot { transition: all 0.2s ease-in-out; z-index: 10; } .content-fade-in { animation: fadeIn 0.4s ease-in-out forwards; } @keyframes fadeIn { from { opacity: 0; transform: translateY(5px); } to { opacity: 1; transform: translateY(0); } }  \/* Chart container constraint *\/ .chart-container { position: relative; width: 100%; max-width: 400px; margin: 0 auto; height: 350px; } section { padding-top: 3rem; padding-bottom: 3rem; }  \/* Custom scrollbar for better aesthetics *\/ ::-webkit-scrollbar { width: 8px; } ::-webkit-scrollbar-track { background: #f1f5f9;  } ::-webkit-scrollbar-thumb { background: #cbd5e1;  border-radius: 4px; } ::-webkit-scrollbar-thumb:hover { background: #94a3b8;  } <\/style>\n<p><\/head><body class=\"antialiased selection:bg-blue-200 selection:text-blue-900\"> <main class=\"container mx-auto px-4 sm:px-6 lg:px-8 mt-8\">   <\/p>\n<section id=\"overview\" class=\"text-center\"> <span class=\"inline-block py-1 px-3 rounded-full bg-blue-100 text-blue-700 font-semibold text-xs mb-3\">Bangladesh Legal Guide 2026<\/span> <\/p>\n<h2 class=\"text-3xl md:text-4xl font-extrabold text-slate-900 mb-4 leading-tight\">Closing a Company in Bangladesh:<!\u2013- [et_pb_br_holder] -\u2013>The Complete Legal Guide<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-base text-slate-600 mb-8 leading-relaxed\">Winding up, or <a href=\"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\" class=\"text-blue-600 hover:underline\">liquidating a company<\/a>, is the formal legal process of closing a business, settling its debts, and dissolving its corporate existence. In Bangladesh, this procedure is meticulously governed by the <strong>Companies Act, 1994<\/strong>. This guide provides a detailed breakdown of the entire process from resolution to final deregistration.<\/pee>  <\/p>\n<div class=\"bg-gradient-to-r from-blue-50 to-slate-50 p-5 rounded-xl max-w-3xl mx-auto text-left flex gap-4\"> <\/p>\n<div class=\"text-blue-500 text-xl font-serif\">\u00a7<\/div>\n<p> <\/p>\n<div> <\/p>\n<h3 class=\"font-bold text-base text-slate-800 mb-1\">The Legal Framework: Companies Act, 1994<\/h3>\n<p> <pee class=\"text-slate-600 text-sm leading-relaxed\">The primary legislation governing dissolution in Bangladesh is the Companies Act, 1994. The critical procedures and rules for winding up are detailed in <strong>Part V (Sections 221 to 355)<\/strong>. Strict compliance is mandatory for a lawful closure and to protect directors from future liabilities.<\/pee> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"types\"> <\/p>\n<h2 class=\"text-2xl md:text-3xl font-bold text-center text-slate-800 mb-4\">Three Paths to Company Liquidation<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 text-base mb-8\">The Act specifies three distinct methods for winding up depending on financial solvency and circumstances. Identifying the correct path is your crucial first step.<\/pee>  <\/p>\n<div class=\"grid grid-cols-1 md:grid-cols-3 gap-6\">  <\/p>\n<div class=\"bg-white p-6 rounded-xl transition-transform hover:-translate-y-1 shadow-sm border border-slate-100\"> <\/p>\n<div class=\"w-10 h-10 bg-blue-100 text-blue-600 rounded-full flex items-center justify-center font-bold text-lg mb-4\">1<\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold mb-2 text-slate-900\">Voluntary Winding Up<\/h3>\n<p> <pee class=\"text-slate-600 mb-4 text-sm leading-relaxed\">The most common method, initiated by the company itself without direct court intervention.<\/pee> <\/p>\n<ul class=\"text-sm space-y-3\"> <\/p>\n<li class=\"p-3 bg-slate-50 rounded-lg\"><strong>Members’:<\/strong> For solvent companies that can pay their debts. Requires a Declaration of Solvency.<\/li>\n<p> <\/p>\n<li class=\"p-3 bg-slate-50 rounded-lg\"><strong>Creditors’:<\/strong> For insolvent companies. Creditors take control over the liquidator appointment and the asset distribution.<\/li>\n<p> <\/ul>\n<p> <\/div>\n<p>  <\/p>\n<div class=\"bg-white p-6 rounded-xl transition-transform hover:-translate-y-1 shadow-sm border border-slate-100\"> <\/p>\n<div class=\"w-10 h-10 bg-red-100 text-red-600 rounded-full flex items-center justify-center font-bold text-lg mb-4\">2<\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold mb-2 text-slate-900\">By the Court<\/h3>\n<p> <pee class=\"text-slate-600 mb-4 text-sm leading-relaxed\">A compulsory liquidation ordered and overseen by the High Court Division.<\/pee> <pee class=\"text-slate-700 text-sm p-3 bg-red-50 rounded-lg\">A petition can be filed by the company, creditors, or <a href=\"http:\/\/www.roc.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">RJSC<\/a>. Grounds (Sec 241) include inability to pay debts or if the court deems it ‘just and equitable’.<\/pee> <\/div>\n<p>  <\/p>\n<div class=\"bg-white p-6 rounded-xl transition-transform hover:-translate-y-1 shadow-sm border border-slate-100\"> <\/p>\n<div class=\"w-10 h-10 bg-amber-100 text-amber-600 rounded-full flex items-center justify-center font-bold text-lg mb-4\">3<\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold mb-2 text-slate-900\">Under Supervision<\/h3>\n<p> <pee class=\"text-slate-600 mb-4 text-sm leading-relaxed\">Begins voluntarily but transitions to court oversight to protect stakeholder interests.<\/pee> <pee class=\"text-slate-700 text-sm p-3 bg-amber-50 rounded-lg\">Under <strong>Section 320<\/strong>, the court can make this order to ensure fairness, creating a hybrid process with judicial oversight to prevent fraud.<\/pee> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"process\"> <\/p>\n<h2 class=\"text-2xl md:text-3xl font-bold text-center text-slate-800 mb-4\">Interactive Guide: Members’ Voluntary Winding Up Process<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 text-base mb-12\">The Members’ Voluntary Winding Up is the standard procedure for solvent companies closing their operations. This interactive timeline provides a detailed, step-by-step guide through the entire legal process, with specific references to the Companies Act, 1994. Click on each step for a full explanation.<\/pee>  <\/p>\n<div class=\"flex flex-col lg:flex-row gap-12 max-w-5xl mx-auto\">  <\/p>\n<div class=\"w-full lg:w-1\/3 relative\">  <\/p>\n<div class=\"absolute left-1\/2 top-4 bottom-12 w-0.5 bg-slate-200 -translate-x-1\/2 z-0\"><\/div>\n<p> <\/p>\n<div id=\"timeline-container\" class=\"relative z-10 flex flex-col space-y-10 py-2\">  <\/div>\n<p> <\/div>\n<p>   <\/p>\n<div class=\"w-full lg:w-2\/3\"> <\/p>\n<article id=\"process-content\" class=\"bg-white p-6 md:p-8 rounded-xl shadow-sm border border-slate-100 min-h-[300px]\"> <\/p>\n<h3 id=\"content-title\" class=\"text-xl md:text-2xl font-bold mb-4 text-blue-600\">Select a Step from the Timeline<\/h3>\n<p> <\/p>\n<div id=\"content-body\" class=\"text-slate-600 text-base space-y-4\"> <pee>Click on a step from the interactive timeline to the left to view the detailed procedures, legal requirements, and key documents for that stage of the company liquidation process.<\/pee> <\/div>\n<p> <\/article>\n<p> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"timeline-chart-section\"> <\/p>\n<div class=\"flex flex-col md:flex-row items-center gap-10 bg-white p-8 rounded-2xl shadow-sm border border-slate-100\"> <\/p>\n<div class=\"w-full md:w-1\/2\"> <\/p>\n<h2 class=\"text-2xl font-bold text-slate-800 mb-4\">Estimated Liquidation Timeline<\/h2>\n<p> <pee class=\"text-slate-600 mb-6 text-base\">How long does it take? On average, a straightforward Members’ Voluntary Winding Up in Bangladesh takes between <strong>9 to 11 months<\/strong> to complete, assuming all documentation is in order and there are no disputes.<\/pee> <\/p>\n<ul class=\"space-y-3 text-sm\"> <\/p>\n<li class=\"flex items-center gap-3\"><span class=\"w-3 h-3 rounded-full bg-[#3B82F6]\"><\/span> <span class=\"text-slate-700 font-medium\">Phase 1: Prep & Board Approval (1-2 Mos)<\/span><\/li>\n<p> <\/p>\n<li class=\"flex items-center gap-3\"><span class=\"w-3 h-3 rounded-full bg-[#10B981]\"><\/span> <span class=\"text-slate-700 font-medium\">Phase 2: EGM & Public Notices (1 Mo)<\/span><\/li>\n<p> <\/p>\n<li class=\"flex items-center gap-3\"><span class=\"w-3 h-3 rounded-full bg-[#F59E0B]\"><\/span> <span class=\"text-slate-700 font-medium\">Phase 3: Asset Sales & Tax Clearance (4-5 Mos)<\/span><\/li>\n<p> <\/p>\n<li class=\"flex items-center gap-3\"><span class=\"w-3 h-3 rounded-full bg-[#6366F1]\"><\/span> <span class=\"text-slate-700 font-medium\">Phase 4: Final Meeting & RJSC Dissolution (3 Mos)<\/span><\/li>\n<p> <\/ul>\n<p> <pee class=\"text-xs text-slate-500 italic mt-4\">* Note: Timeframes can extend significantly if the company faces litigation, complex asset realization, or delays in obtaining clearance from the <a href=\"https:\/\/nbr.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-500 hover:underline\">National Board of Revenue (NBR)<\/a>.<\/pee> <\/div>\n<p> <\/p>\n<div class=\"w-full md:w-1\/2 flex justify-center\"> <\/p>\n<div class=\"chart-container\"> <canvas id=\"durationChart\"><\/canvas> <\/div>\n<p> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"liquidator\" class=\"scroll-mt-24\"> <\/p>\n<h2 class=\"text-3xl lg:text-4xl font-bold text-center text-slate-800 mb-5\">The Liquidator: Role & Powers<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 mb-12\">The appointment of a Liquidator is the turning point in the process. From the moment of their appointment, all the powers of the Board of Directors cease entirely <strong>(Section 309)<\/strong>. The Liquidator becomes the sole authority managing the company’s affairs.<\/pee>  <\/p>\n<div class=\"bg-white p-8 md:p-10 rounded-2xl\"> <\/p>\n<div class=\"grid grid-cols-1 md:grid-cols-2 gap-10\"> <\/p>\n<div> <\/p>\n<h3 class=\"text-2xl font-bold text-slate-900 mb-4 flex items-center\"><span class=\"bg-blue-100 text-blue-600 p-2 rounded-lg mr-3\">\u2696\ufe0f<\/span> Core Responsibilities<\/h3>\n<p> <pee class=\"text-slate-600 mb-4\">A liquidator is legally obligated to act impartially and in the best interests of both creditors and shareholders. They must:<\/pee> <\/p>\n<ul class=\"space-y-3 text-slate-700 text-sm\"> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Secure and protect all company assets, books, and records.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Verify, admit, or reject claims made by creditors.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Pay off all legitimate company debts in the order of legal priority.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Distribute any remaining surplus funds back to the shareholders.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Keep meticulous financial records of the liquidation process.<\/li>\n<p> <\/ul>\n<p> <\/div>\n<p> <\/p>\n<div> <\/p>\n<h3 class=\"text-2xl font-bold text-slate-900 mb-4 flex items-center\"><span class=\"bg-blue-100 text-blue-600 p-2 rounded-lg mr-3\">\u26a1<\/span> Statutory Powers (Sec. 314)<\/h3>\n<p> <pee class=\"text-slate-600 mb-4\">To achieve the dissolution, the liquidator is granted immense legal powers, including the right to:<\/pee> <\/p>\n<ul class=\"space-y-3 text-slate-700 text-sm\"> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Initiate or defend any lawsuit in the name of the company.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Sell the movable and immovable property of the company by public auction or private contract.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Execute deeds, receipts, and other documents using the company seal.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Draw, accept, make, and endorse any bill of exchange or promissory note.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Make financial calls on shareholders for any unpaid share capital.<\/li>\n<p> <\/ul>\n<p> <\/div>\n<p> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"effects\"> <\/p>\n<div class=\"container mx-auto max-w-6xl\"> <\/p>\n<h2 class=\"text-2xl md:text-3xl font-bold text-center text-slate-800 mb-4\">Legal Consequences of Liquidation<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 text-base mb-12\">Once the special resolution for voluntary winding up is passed, the company undergoes immediate and profound legal changes. Understanding these effects is vital for management and stakeholders.<\/pee>  <\/p>\n<div class=\"grid grid-cols-1 md:grid-cols-2 lg:grid-cols-4 gap-6\"> <\/p>\n<div class=\"bg-slate-100 p-8 rounded-2xl transition-transform hover:-translate-y-1\"> <\/p>\n<h4 class=\"text-lg font-bold text-blue-600 mb-3\">Corporate State<\/h4>\n<p> <pee class=\"text-sm text-slate-600 leading-relaxed\">The company ceases to carry on its business immediately, except so far as may be strictly required for its beneficial winding up. However, its corporate state and powers continue until formal dissolution.<\/pee> <\/div>\n<p> <\/p>\n<div class=\"bg-slate-100 p-8 rounded-2xl transition-transform hover:-translate-y-1\"> <\/p>\n<h4 class=\"text-lg font-bold text-blue-600 mb-3\">Directors’ Powers<\/h4>\n<p> <pee class=\"text-sm text-slate-600 leading-relaxed\">Upon the appointment of the Liquidator, all executive and management powers of the Board of Directors, Managing Director, and Managers cease immediately (unless explicitly sanctioned to continue by the liquidator or members).<\/pee> <\/div>\n<p> <\/p>\n<div class=\"bg-slate-100 p-8 rounded-2xl transition-transform hover:-translate-y-1\"> <\/p>\n<h4 class=\"text-lg font-bold text-blue-600 mb-3\">Legal Proceedings<\/h4>\n<p> <pee class=\"text-sm text-slate-600 leading-relaxed\">In a court-ordered liquidation, a stay is placed on legal proceedings against the company. In a voluntary liquidation, creditors can still sue, but the liquidator usually asks the court to stay actions to ensure fair distribution of assets.<\/pee> <\/div>\n<p> <\/p>\n<div class=\"bg-slate-100 p-8 rounded-2xl transition-transform hover:-translate-y-1\"> <\/p>\n<h4 class=\"text-lg font-bold text-blue-600 mb-3\">Employees<\/h4>\n<p> <pee class=\"text-sm text-slate-600 leading-relaxed\">A winding up order typically operates as an immediate notice of discharge to all employees. In voluntary winding up, employees are discharged unless the liquidator explicitly retains them to assist in the winding up process.<\/pee> <\/div>\n<p> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"documents\" class=\"scroll-mt-24\"> <\/p>\n<h2 class=\"text-3xl lg:text-4xl font-bold text-center text-slate-800 mb-5\">Comprehensive Document Checklist<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 mb-12\">Meticulous documentation is required for submission to authorities like RJSC, NBR, and Bangladesh Bank. Ensure you have the following ready:<\/pee>  <\/p>\n<div class=\"bg-white p-8 md:p-10 rounded-2xl\"> <\/p>\n<ul class=\"grid grid-cols-1 sm:grid-cols-2 lg:grid-cols-3 gap-x-8 gap-y-4 text-slate-700\"> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Certificate of Incorporation<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Memorandum & Articles<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Return of Allotment (Form-XV)<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Annual Summary (Schedule-X)<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Share Transfer (Form-117)<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span><a href=\"https:\/\/legalseba.com\/bd-articles\/transfer-of-shares-and-repatriation-of-sales-proceeds-for-non-residents-in-bangladesh\/\" class=\"text-blue-600 hover:underline\">Foreign Encashment Certificate<\/a><\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Audited Financial Statements<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Declaration of Solvency<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Special Resolution (Form VIII)<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span><a href=\"https:\/\/nbr.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">Tax Clearance (NBR)<\/a><\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span><a href=\"https:\/\/www.bb.org.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">CIB Report (Bangladesh Bank)<\/a><\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>BFIU Clearance Letter<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Closing Trade & VAT License<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Liquidator’s Final Accounts<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Return of Final Meeting<\/li>\n<p> <\/ul>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"faq\" class=\"scroll-mt-24\"> <\/p>\n<h2 class=\"text-3xl lg:text-4xl font-bold text-center text-slate-800 mb-12\">Frequently Asked Questions<\/h2>\n<p> <\/p>\n<div class=\"max-w-3xl mx-auto space-y-4\">  <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\" open> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> What is the difference between ‘winding up’ and ‘striking off’? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> ‘Winding up’ is the formal, structured process of liquidating a company’s assets to pay its debts and distributing the remainder before dissolving it. ‘Striking off’ (under Sec 354) is a simpler procedure where <a href=\"http:\/\/www.roc.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">RJSC<\/a> removes a defunct, zero-asset, zero-liability company from the register. <\/div>\n<p> <\/details>\n<p> <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\"> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> Can a foreign company’s branch office be liquidated this way? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> No. The winding-up procedures in the Companies Act primarily apply to local entities. Closing a branch or liaison office requires de-registration clearances from <a href=\"https:\/\/www.investbangladesh.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">BIDA<\/a>, <a href=\"https:\/\/www.bb.org.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">Bangladesh Bank<\/a>, and <a href=\"https:\/\/nbr.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">NBR<\/a>. For more details on the procedures for foreign entities, read our <a href=\"https:\/\/legalseba.com\/bd-articles\/exit-policy-for-the-foreign-investors-in-bangladesh\/\" class=\"text-blue-600 hover:underline\">Exit Policy for Foreign Investors in Bangladesh<\/a>. <\/div>\n<p> <\/details>\n<p> <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\"> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> What if the company runs out of money during voluntary winding up? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> If the liquidator determines that the company cannot pay its debts in full within the period stated in the Declaration of Solvency, they must immediately summon a meeting of the creditors (Section 311). The process converts into a Creditors’ Voluntary Winding Up. <\/div>\n<p> <\/details>\n<p> <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\"> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> Who can be appointed as a Liquidator in Bangladesh? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> The Companies Act does not explicitly mandate professional qualifications for a liquidator in a voluntary winding up (unlike some jurisdictions that require licensed insolvency practitioners). However, in practice, companies usually appoint a trusted Chartered Accountant (CA), <a href=\"https:\/\/legalseba.com\/bangladesh-company-tax-guide\/\" class=\"text-blue-600 hover:underline\">Tax Consultant<\/a>, or an experienced Corporate Lawyer to handle the complex financial and legal duties. <\/div>\n<p> <\/details>\n<p> <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\"> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> Can the court intervene in a Voluntary Winding Up? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> Yes. Under <strong>Section 318<\/strong>, the liquidator, any contributory (shareholder), or creditor can apply to the Court to determine any question arising in the winding up, or to exercise any of the powers the Court would have if the company were being wound up by the Court. <\/div>\n<p> <\/details>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"contact\" class=\"scroll-mt-24 py-16 mb-16\"> <\/p>\n<div class=\"text-center mb-12\"> <\/p>\n<h2 class=\"text-3xl md:text-4xl font-bold text-slate-900 mb-4\">Ready for a Clean Exit? Consult a Top Liquidation Expert in Bangladesh.<\/h2>\n<p> <pee class=\"text-lg text-slate-500 max-w-2xl mx-auto\"> Connect with dedicated <a href=\"https:\/\/legalseba.com\/bd-services\/startup-lawyer-in-bangladesh\/\" class=\"text-blue-600 hover:underline font-semibold\">corporate lawyers at LegalSeba LLP<\/a> who understand the strict compliance, clearances, and strategic precision required for statutory winding up and final deregistration. <\/pee> <\/div>\n<p> <\/p>\n<div class=\"grid grid-cols-1 md:grid-cols-3 gap-6 max-w-5xl mx-auto\">  <\/p>\n<div class=\"bg-white rounded-3xl p-10 flex flex-col items-center text-center transition-transform hover:-translate-y-1\"> <\/p>\n<div class=\"w-16 h-16 bg-slate-50 rounded-full flex items-center justify-center mb-6 text-2xl\"> \u2709\ufe0f <\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold text-slate-900 mb-3\">Email Us<\/h3>\n<p> <pee class=\"text-slate-500 text-sm mb-6 flex-grow\">For formal inquiries and document reviews.<\/pee> <a href=\"mailto:support@legalseba.com\" class=\"text-blue-600 font-medium hover:text-blue-700 transition-colors\">support@legalseba.com<\/a> <\/div>\n<p>  <\/p>\n<div class=\"bg-white rounded-3xl p-10 flex flex-col items-center text-center transition-transform hover:-translate-y-1\"> <\/p>\n<div class=\"w-16 h-16 bg-slate-50 rounded-full flex items-center justify-center mb-6 text-2xl\"> \ud83d\udcf2 <\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold text-slate-900 mb-3\">WhatsApp<\/h3>\n<p> <pee class=\"text-slate-500 text-sm mb-6 flex-grow\">Direct line for urgent queries and quick advice.<\/pee> <a href=\"https:\/\/wa.me\/8801753718223\" class=\"text-green-600 font-medium hover:text-green-700 transition-colors\">+8801753718223<\/a> <\/div>\n<p>  <\/p>\n<div class=\"bg-[#1a1a1a] rounded-3xl p-10 flex flex-col items-center text-center text-white transition-transform hover:-translate-y-1\"> <\/p>\n<div class=\"w-16 h-16 bg-white\/10 rounded-full flex items-center justify-center mb-6 text-2xl\"> \ud83d\udcc5 <\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold text-white mb-3\">Book a Meeting<\/h3>\n<p> <pee class=\"text-slate-300 text-sm mb-6 flex-grow\">Schedule a strategic consultation with our partners.<\/pee> <a href=\"https:\/\/LegalSeba.com\/book-now\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-white font-medium hover:text-slate-200 transition-colors\">LegalSeba.com\/book-now<\/a> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p> <\/main>  <\/p>\n<footer class=\"bg-slate-100 py-8 text-center text-slate-500 text-sm\"> <pee>© 2026 Company Liquidation Guide Bangladesh. Provided for educational purposes.<\/pee> <\/footer>\n<p>  <script> document.addEventListener('DOMContentLoaded', function() {  \/* --- TIMELINE LOGIC --- *\/ const processData = [ { id: 'step1', title: 'Step 1: Document Preparation', content: ` <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Declaration of Solvency<\/h4>\n<p> <pee class=\"mb-4\">As required by <strong>Section 305 of the Companies Act, 1994<\/strong>, the majority of directors must sign a 'Declaration of Solvency'. This legal declaration, verified by an affidavit, states that they have made a full inquiry into the company's affairs and are confident it can pay all its debts in full within a specified period not exceeding three years from the start of the winding up. It must be supported by a statement of the company's assets and liabilities and an auditor's report.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Accounts & Audit<\/h4>\n<p> <pee>A comprehensive Profit and Loss Account and an audited Balance Sheet must be prepared up to the latest practicable date before making the declaration. This audited financial statement serves as the primary evidence for the company's solvency.<\/pee> ` }, { id: 'step2', title: 'Step 2: Meetings & Resolutions', content: ` <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Board of Directors' Meeting<\/h4>\n<p> <pee class=\"mb-4\">A formal Board Meeting is convened to approve the audited accounts and the Declaration of Solvency. In this meeting, the directors also pass a resolution to call an Extraordinary General Meeting (EGM) where the shareholders will vote on the winding up.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Filing with RJSC & EGM Notice<\/h4>\n<p> <pee class=\"mb-4\">The notarized Declaration of Solvency must be filed with the <a href='http:\/\/www.roc.gov.bd\/' target='_blank' rel='noopener noreferrer' class='text-blue-600 hover:underline'>Registrar of Joint Stock Companies and Firms (RJSC)<\/a> before the notices for the EGM are dispatched to the members, as mandated by <strong>Section 305(3)<\/strong>.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Extraordinary General Meeting (EGM)<\/h4>\n<p> <pee>Pursuant to <strong>Section 306<\/strong>, the EGM is held to pass a 'Special Resolution' to wind up the company voluntarily. A resolution passed by at least a three-fourths majority of the members present is required. The same meeting also officially appoints one or more liquidators and fixes their remuneration.<\/pee> ` }, { id: 'step3', title: 'Step 3: Liquidator Appointment & Public Notice', content: ` <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Liquidator's Duties Commence<\/h4>\n<p> <pee class=\"mb-4\">The liquidator formally accepts the appointment and is required to notify the <a href='http:\/\/www.roc.gov.bd\/' target='_blank' rel='noopener noreferrer' class='text-blue-600 hover:underline'>RJSC<\/a> of their appointment within 10 days <strong>(Section 308)<\/strong>. The liquidator must also inform the relevant Deputy Commissioner of Taxes office (under <a href='https:\/\/nbr.gov.bd\/' target='_blank' rel='noopener noreferrer' class='text-blue-600 hover:underline'>NBR<\/a>) within thirty days of their appointment.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Gazette and Newspaper Publication<\/h4>\n<p> <pee class=\"mb-4\">As mandated by <strong>Section 307<\/strong>, the company must publish a notice of the special resolution for winding up in the official Gazette and at least one widely circulated newspaper in the district of the registered office. This must be done within 10 days of the resolution being passed.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Annual General Meeting (if required)<\/h4>\n<p> <pee>If the winding up process continues for more than one year, the liquidator is obligated under <strong>Section 313<\/strong> to convene a general meeting at the end of each year to present a detailed account of their actions and the conduct of the liquidation during the preceding year.<\/pee> ` }, { id: 'step4', title: 'Step 4: Final Meeting & Company Dissolution', content: ` <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Preparation of Final Accounts<\/h4>\n<p> <pee class=\"mb-4\">Once the affairs of the company are fully wound up (assets sold, debts paid), the liquidator prepares a final comprehensive account. This account details exactly how the winding up was conducted and how the company's property has been disposed of, as required by <strong>Section 315<\/strong>.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Final Extraordinary General Meeting<\/h4>\n<p> <pee class=\"mb-4\">The liquidator then calls a final EGM of the company. Notice for this meeting must be published at least one month in advance in the official gazette and a newspaper. During this meeting, the liquidator presents the final accounts to the members for their approval.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Final Filing and Official Dissolution<\/h4>\n<p> <pee>Within one week of the final meeting, the liquidator must file a copy of the final accounts and a return of the meeting with the <a href='http:\/\/www.roc.gov.bd\/' target='_blank' rel='noopener noreferrer' class='text-blue-600 hover:underline'>RJSC<\/a>. The company is officially and legally deemed to be dissolved three months after the registration date of this final return, as stipulated by <strong>Section 315(4)<\/strong>.<\/pee> ` } ]; const timelineContainer = document.getElementById('timeline-container'); const contentTitle = document.getElementById('content-title'); const contentBody = document.getElementById('content-body'); processData.forEach((item, index) => { const timelineItem = document.createElement('div'); timelineItem.className = 'timeline-item relative w-full bg-white px-5 py-4 rounded-xl z-10 text-slate-700 font-semibold text-base text-center shadow-sm border border-slate-100'; timelineItem.dataset.id = item.id;  timelineItem.innerHTML = ` <\/p>\n<div class=\"relative z-10 leading-snug\">${item.title}<\/div>\n<p> <\/p>\n<div class=\"timeline-dot absolute left-1\/2 -translate-x-1\/2 -bottom-6 bg-slate-300 w-4 h-4 rounded-full border-[3px] border-white z-20\"><\/div>\n<p> `; timelineContainer.appendChild(timelineItem); }); const timelineItems = document.querySelectorAll('.timeline-item'); timelineItems.forEach(item => { item.addEventListener('click', () => { const selectedData = processData.find(p => p.id === item.dataset.id); timelineItems.forEach(i => i.classList.remove('active')); item.classList.add('active'); \/\/ Trigger animation const contentWrapper = contentTitle.parentElement; contentWrapper.classList.remove('content-fade-in'); void contentWrapper.offsetWidth; \/\/ Reflow  contentTitle.innerText = selectedData.title; contentBody.innerHTML = selectedData.content; contentWrapper.classList.add('content-fade-in'); }); }); \/\/ Initialize first tab if(timelineItems.length > 0) { timelineItems[0].click(); } \/* --- CHART.JS INITIALIZATION --- *\/ \/\/ Initialize Donut Chart when it scrolls into view to save initial rendering resources let chartRendered = false; const chartSection = document.getElementById('timeline-chart-section');  const chartObserver = new IntersectionObserver((entries) => { if (entries[0].isIntersecting && !chartRendered) { chartRendered = true;  const ctx = document.getElementById('durationChart').getContext('2d'); new Chart(ctx, { type: 'doughnut', data: { labels: ['Phase 1: Prep', 'Phase 2: EGM & RJSC', 'Phase 3: Clearances', 'Phase 4: Dissolution'], datasets: [{ data: [1.5, 1, 4.5, 3], \/\/ Represents months backgroundColor: [ '#3B82F6', \/\/ Blue '#10B981', \/\/ Emerald '#F59E0B', \/\/ Amber '#6366F1' \/\/ Indigo ], borderWidth: 0, hoverOffset: 4 }] }, options: { responsive: true, maintainAspectRatio: false, cutout: '65%', plugins: { legend: { display: false \/\/ Using custom HTML legend instead }, tooltip: { callbacks: { label: function(context) { return ` ${context.raw} Months`; } }, backgroundColor: 'rgba(15, 23, 42, 0.9)', padding: 12, titleFont: { family: 'Inter', size: 14 }, bodyFont: { family: 'Inter', size: 13 } } }, animation: { animateScale: true, animateRotate: true } } }); } }, { threshold: 0.2 }); if(chartSection) { chartObserver.observe(chartSection); } }); <\/script><\/body><\/html>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<header class=\"entry-header\"><header class=\"entry-header\">\r\n<h1 class=\"entry-title\">How to Liquidate a Company in Bangladesh<\/h1>\r\n<\/header>\r\n<div class=\"entry-content\">\r\n\r\n\u00a0\r\n\r\n<\/div>\r\n<\/header>\r\n<div class=\"entry-content\">\r\n\r\nIn Bangladesh, the winding up of a company may be either \u2013\r\n<ol>\r\n \t<li>Voluntary; or<\/li>\r\n \t<li>By the court; or<\/li>\r\n \t<li>Subject to the supervision of the court.<\/li>\r\n<\/ol>\r\nVoluntary winding up is usually undertaken by solvent companies, except in the case of creditor\u2019s voluntary winding up.\r\n\r\nBelow we have described the process of voluntary winding up by passing a special resolution.\r\n<h3 style=\"text-align: center;\">PROCEDURE FOR VOLUNTARY WINDING UP:<\/h3>\r\n<h4><strong>First Step: Preparing Documents<\/strong><\/h4>\r\n<h4>Declaration of Solvency<\/h4>\r\nA declaration of solvency has to be prepared and signed by the directors. The declaration will contain statement of the company\u2019s assets and liabilities as at the latest predictable date before making of the declaration. The declaration will also state that the company has no debts or that it will be able to pay its debt in full within such period not exceeding there years from the commencement of the winding up.\r\n\r\nThe declaration must be verified by an affidavit to the effect that the directors have made a full inquiry into the affairs of the company. The declaration will be signed by all the directors of the company or, in the case of a company having more than two directors, the majority of the directors.\r\n<h4>Accounts & Audit<\/h4>\r\nProfit and Loss Account and audited Balance Sheet will be prepared up to the latest predictable date as mentioned above and audited. Auditor\u2019s report should be obtained.\r\n<h4><strong>Second Step: Board Meeting & Extra Ordinary General Meeting\u00a0<\/strong><\/h4>\r\n<h4>Board Meeting<\/h4>\r\nA Board meeting will be convened pursuant to the rules of Companies Act and Articles of the company. Majority of the directors should be present at the meeting. In the meeting, the directors will approve:\r\n\r\na. Audited accounts;\r\n\r\nb. The declaration of the Directors;\r\n\r\nThe directors will also call an extra ordinary general meeting for passing the special resolution to wound up the company. After the meeting, the declaration and the affidavit (prepared in the first step) should be notarized.\r\n<h4>Filling of Declaration with RJSC<\/h4>\r\nThe declaration should be filed with the Registrar of Joint Stock Companies and Firms within 5 weeks from the date of the declaration.\r\n<h4>Extra Ordinary General Meeting<\/h4>\r\nThe extraordinary general meeting will be held and the special resolution will be passed. The special resolution will approve the \u2013 i) winding up; ii) appointment of the liquidator and fix the liquidator\u2019s remuneration.\r\n<h4>Filling with RJSC<\/h4>\r\nThe content of the extraordinary general meeting (along with Form VIII) and the appointment of the liquidator will be filed with the RJSC.\r\n<h4><strong>Third Step: Appoint of Liquidator\u00a0<\/strong><\/h4>\r\n<h4>Liquidator<\/h4>\r\nImmediately after the special resolution is passed, the liquidator will accept the appointment and will assume office and ensure that RJSC is notified about his\/her appointment.\r\n\r\nWithin thirty days after liquidator is appointed, the liquidator will give notice of his appointment as such to the Deputy Commissioner of Taxes having jurisdiction to assess the company.\r\n<h4>Gazette and Newspaper Publication:<\/h4>\r\nNotice of any special resolution or extraordinary resolution for winding up a company voluntarily shall be given by the company within ten days of the passing of the same by advertisement in the official Gazette, and also in 2 Bangla and 2 English newspapers twice during the process, if any circulating in the district where the registered office of the company is situate. The appointment of the liquidator should also be mentioned in the advertisement.\r\n<h4>AGM (if required)<\/h4>\r\nIn the event of the winding up continuing for more than one year, the liquidator shall arrange an Annual General Meeting of the company at the end of the first year from the commencement of the winding up and of each succeeding year, or as soon thereafter as may be convenient within ninety days, of the close of the year, and shall lay before the meeting an account of his acts and dealings and of the conduct of the winding up during the proceeding year and a statement in the prescribed form containing the prescribed particulars with respect to the position of the liquidation.\r\n<h4><strong>Fourth Step: Final Meeting & Filling with the RJSC\u00a0<\/strong><\/h4>\r\n<h4>Final Account<\/h4>\r\nThe liquidator will prepare a final account of the winding up showing how the winding up has been conducted and the assets of the company has been disposed of. Then s\/he will call an extra ordinary general meeting.\r\n<h4>Extra Ordinary General Meeting<\/h4>\r\nNotice of the meeting will be given by advertisement specifying the time, place and object of the meeting not less than one month before the meeting in the official gazette and also in a newspaper circulating in the district where the registered office of the company is situated.\r\n\r\nIn the extra ordinary general meeting, a special resolution will be passed relating to the disposal of the books and papers of the company.\r\n<h3>Filling<\/h3>\r\nA return of the winding up meeting will be filed with the Registrar of Joint Stock Companies and Firms within one week of the meeting.\r\n\r\nAfter holding of the final meeting and the submission of the documents to the Registrar, the legal entity of the company will be dissolved.\r\n\r\n<\/div>\r\n\u00a0\r\n\r\nLegalSeba.com offers comprehensive services to facilitate the remittance of residual funds to foreign shareholders following the winding up of a company in Bangladesh. This process, which involves strict compliance with regulatory requirements and guidelines set forth by Bangladesh Bank, can be complex and challenging. LegalSeba.com provides expert assistance in both court-supervised and voluntary winding up scenarios to ensure a smooth exit strategy for businesses.\r\n<h3>Court-Supervised Winding Up<\/h3>\r\nIn cases where a company is winding up under the supervision of the court, LegalSeba.com offers several key services:\r\n<ul>\r\n \t<li><strong>Application Preparation<\/strong>: LegalSeba.com prepares and submits applications to the Foreign Exchange Investment Department (FEID) of Bangladesh Bank, ensuring all necessary documentation is in place.<\/li>\r\n \t<li><strong>Court Order Endorsement<\/strong>: The company assists in obtaining and endorsing the court order that specifies the distribution amount to shareholders.<\/li>\r\n \t<li><strong>Certification Assistance<\/strong>: LegalSeba.com helps secure certificates from liquidators or official receivers, confirming that all liabilities and statutory payments have been fulfilled.<\/li>\r\n<\/ul>\r\n<h3>Voluntary Winding Up<\/h3>\r\nFor companies opting for voluntary winding up, LegalSeba.com offers a structured approach to comply with all regulatory requirements:\r\n<ul>\r\n \t<li><strong>Document Compilation<\/strong>: LegalSeba.com gathers all necessary documents as per Annexure-A. These documents include:\r\n<ul>\r\n \t<li>Certificate of Incorporation<\/li>\r\n \t<li>Memorandum & Articles of Association<\/li>\r\n \t<li>Return of Allotment (Form-XV)<\/li>\r\n \t<li>Latest annual summary of share capital and list of shareholders\/directors (Schedule-X)<\/li>\r\n \t<li>Instrument of Transfer of Shares (Form-117)<\/li>\r\n \t<li>Encashment Certificate<\/li>\r\n \t<li>Import permit and related documents for shares issued against capital machinery<\/li>\r\n \t<li>Intimation of share issuance\/transfer as per relevant guidelines<\/li>\r\n \t<li>Latest audited financial statements<\/li>\r\n \t<li>Certified copies of Form VIII evidencing special resolution for voluntary liquidation<\/li>\r\n \t<li>Liquidator\u2019s certificates confirming full payment of liabilities and compliance with the Companies Act<\/li>\r\n \t<li>Winding up documents in accordance with the Companies Act<\/li>\r\n \t<li>Certification of overdue export proceeds and unmatched bill of entry<\/li>\r\n \t<li>Tax clearance certificate<\/li>\r\n \t<li>Police Clearance Certificate (where applicable)<\/li>\r\n \t<li>CIB report<\/li>\r\n \t<li>List of non-resident shareholders to whom proceeds are payable<\/li>\r\n \t<li>Liquidator\u2019s undertaking regarding ineligible remittance amounts<\/li>\r\n \t<li>Obtaining any Clearance Letter from the Bangladesh Financial Intelligence Unit<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<h3>Liaison with Authorized Dealers (ADs)<\/h3>\r\nLegalSeba.com also acts as a liaison with Authorized Dealers (ADs) to ensure thorough compliance verification and seamless remittance processes:\r\n<ul>\r\n \t<li><strong>Compliance Verification<\/strong>: Ensuring that the target company complies with Paragraph-2(A)(c) & 2(B), Chapter-9, Volume-I of the Guidelines for Foreign Exchange Transactions-2018 or similar guidelines.<\/li>\r\n \t<li><strong>Permission Requests<\/strong>: Forwarding permission requests for remittance to FEID only after thorough compliance checks.<\/li>\r\n<\/ul>\r\n<h3>Timeline and Banking Practice<\/h3>\r\nThe entire process of winding up and remittance can take approximately 9-11 months. Once all required documents are submitted, the designated bank will transfer the remaining funds to the foreign investors\u2019 bank accounts in their respective countries of residence.\r\n\r\nBefore remitting funds, Authorized Dealers (ADs) must exercise due diligence in accordance with Know Your Customer (KYC) protocols, Anti-Money Laundering (AML), and Counter Financing of Terrorism (CFT) standards. Additionally, they must ensure compliance with regulations pertaining to the payment of taxes and related obligations.\r\n\r\nBy offering these comprehensive services, LegalSeba.com ensures that the winding-up process and subsequent remittance of funds are handled efficiently, transparently, and in full compliance with Bangladeshi laws and regulations. This enables foreign shareholders to receive their residual funds smoothly and without undue delay, ensuring a secure and compliant exit from the Bangladeshi market.\r\n\r\n\u00a0\r\n\r\n<strong>Why Choose LegalSeba.com?<\/strong>\r\n<ul>\r\n \t<li><strong>Expertise:<\/strong> Our team is well-versed in Bangladeshi corporate and foreign exchange regulations, ensuring expert guidance through every step of the winding-up process.<\/li>\r\n \t<li><strong>Efficiency:<\/strong> We streamline the process, reducing the administrative burden on your company and ensuring timely submission and approval of all necessary documents.<\/li>\r\n \t<li><strong>Compliance Assurance:<\/strong> We provide comprehensive compliance checks, ensuring that all regulatory requirements are met, minimizing the risk of delays or rejections.<\/li>\r\n \t<li><strong>Personalized Service:<\/strong> Our tailored services meet the specific needs of each client, providing dedicated support and personalized solutions.<\/li>\r\n<\/ul>\r\n<h3>Contact Us<\/h3>\r\nFor more information on how LegalSeba.com can assist you with your company\u2019s exit strategy and compliance in Bangladesh, please contact us at:\r\n<ul>\r\n \t<li><strong>Phone\/whatsapp:<\/strong> +8801753718223<\/li>\r\n \t<li><strong>Email:<\/strong> support@legalseba.com<\/li>\r\n<\/ul>\r\nLet LegalSeba.com be your trusted partner in navigating the complexities of company winding up and foreign shareholder remittance compliance in Bangladesh.","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[1,16],"tags":[],"class_list":["post-609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-formation","category-corporate-laws","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n<title>Liquidation or Winding up a Company In Bangladesh - LegalSeba | Legal Service in Bangladesh<\/title>\n<meta name=\"description\" content=\"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Liquidation or Winding up a Company In Bangladesh\" \/>\n<meta property=\"og:description\" content=\"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/\" \/>\n<meta property=\"og:site_name\" content=\"LegalSeba | Legal Service in Bangladesh\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/legalseba\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-21T09:18:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-11T19:40:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"902\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"LegalSeba\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Legalseba\" \/>\n<meta name=\"twitter:site\" content=\"@Legalseba\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\"},\"author\":{\"name\":\"LegalSeba\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#\\\/schema\\\/person\\\/d85c7381b2b65be1fb7543f06fa36e13\"},\"headline\":\"Liquidation or Winding up a Company In Bangladesh\",\"datePublished\":\"2019-09-21T09:18:40+00:00\",\"dateModified\":\"2026-04-11T19:40:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\"},\"wordCount\":1314,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2019\\\/09\\\/Company-Winding-Up-scaled.jpg\",\"articleSection\":[\"Business Formation\",\"Corporate Law\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\",\"name\":\"Liquidation or Winding up a Company In Bangladesh - LegalSeba | Legal Service in Bangladesh\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2019\\\/09\\\/Company-Winding-Up-scaled.jpg\",\"datePublished\":\"2019-09-21T09:18:40+00:00\",\"dateModified\":\"2026-04-11T19:40:04+00:00\",\"description\":\"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#primaryimage\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2019\\\/09\\\/Company-Winding-Up-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2019\\\/09\\\/Company-Winding-Up-scaled.jpg\",\"width\":2560,\"height\":902,\"caption\":\"Company winding-up\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Liquidation or Winding up a Company In Bangladesh\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#website\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/\",\"name\":\"LegalSeba | Legal Service in Bangladesh\",\"description\":\"Make Things Legal\",\"publisher\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#organization\",\"name\":\"LegalSeba | Legal Service in Bangladesh\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/12\\\/LegalSeba-Logo.png\",\"contentUrl\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/12\\\/LegalSeba-Logo.png\",\"width\":2826,\"height\":717,\"caption\":\"LegalSeba | Legal Service in Bangladesh\"},\"image\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/legalseba\",\"https:\\\/\\\/x.com\\\/Legalseba\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/legalseba\",\"https:\\\/\\\/www.youtube.com\\\/@legalseba\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#\\\/schema\\\/person\\\/d85c7381b2b65be1fb7543f06fa36e13\",\"name\":\"LegalSeba\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g\",\"caption\":\"LegalSeba\"},\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/author\\\/admin\\\/\"}]}<\/script>\n","yoast_head_json":{"title":"Liquidation or Winding up a Company In Bangladesh - LegalSeba | Legal Service in Bangladesh","description":"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/","og_locale":"en_US","og_type":"article","og_title":"Liquidation or Winding up a Company In Bangladesh","og_description":"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.","og_url":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/","og_site_name":"LegalSeba | Legal Service in Bangladesh","article_publisher":"https:\/\/www.facebook.com\/legalseba","article_published_time":"2019-09-21T09:18:40+00:00","article_modified_time":"2026-04-11T19:40:04+00:00","og_image":[{"width":2560,"height":902,"url":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","type":"image\/jpeg"}],"author":"LegalSeba","twitter_card":"summary_large_image","twitter_creator":"@Legalseba","twitter_site":"@Legalseba","twitter_misc":{"Written by":false,"Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#article","isPartOf":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/"},"author":{"name":"LegalSeba","@id":"https:\/\/legalseba.com\/bd-services\/#\/schema\/person\/d85c7381b2b65be1fb7543f06fa36e13"},"headline":"Liquidation or Winding up a Company In Bangladesh","datePublished":"2019-09-21T09:18:40+00:00","dateModified":"2026-04-11T19:40:04+00:00","mainEntityOfPage":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/"},"wordCount":1314,"commentCount":1,"publisher":{"@id":"https:\/\/legalseba.com\/bd-services\/#organization"},"image":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#primaryimage"},"thumbnailUrl":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","articleSection":["Business Formation","Corporate Law"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/","url":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/","name":"Liquidation or Winding up a Company In Bangladesh - LegalSeba | Legal Service in Bangladesh","isPartOf":{"@id":"https:\/\/legalseba.com\/bd-services\/#website"},"primaryImageOfPage":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#primaryimage"},"image":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#primaryimage"},"thumbnailUrl":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","datePublished":"2019-09-21T09:18:40+00:00","dateModified":"2026-04-11T19:40:04+00:00","description":"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.","breadcrumb":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#primaryimage","url":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","contentUrl":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","width":2560,"height":902,"caption":"Company winding-up"},{"@type":"BreadcrumbList","@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/legalseba.com\/bd-services\/"},{"@type":"ListItem","position":2,"name":"Liquidation or Winding up a Company In Bangladesh"}]},{"@type":"WebSite","@id":"https:\/\/legalseba.com\/bd-services\/#website","url":"https:\/\/legalseba.com\/bd-services\/","name":"LegalSeba | Legal Service in Bangladesh","description":"Make Things Legal","publisher":{"@id":"https:\/\/legalseba.com\/bd-services\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/legalseba.com\/bd-services\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/legalseba.com\/bd-services\/#organization","name":"LegalSeba | Legal Service in Bangladesh","url":"https:\/\/legalseba.com\/bd-services\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/legalseba.com\/bd-services\/#\/schema\/logo\/image\/","url":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2024\/12\/LegalSeba-Logo.png","contentUrl":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2024\/12\/LegalSeba-Logo.png","width":2826,"height":717,"caption":"LegalSeba | Legal Service in Bangladesh"},"image":{"@id":"https:\/\/legalseba.com\/bd-services\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/legalseba","https:\/\/x.com\/Legalseba","https:\/\/www.linkedin.com\/company\/legalseba","https:\/\/www.youtube.com\/@legalseba"]},{"@type":"Person","@id":"https:\/\/legalseba.com\/bd-services\/#\/schema\/person\/d85c7381b2b65be1fb7543f06fa36e13","name":"LegalSeba","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g","caption":"LegalSeba"},"url":"https:\/\/legalseba.com\/bd-services\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/posts\/609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/comments?post=609"}],"version-history":[{"count":8,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/posts\/609\/revisions"}],"predecessor-version":[{"id":2585,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/posts\/609\/revisions\/2585"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/media\/988"}],"wp:attachment":[{"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/media?parent=609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/categories?post=609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/tags?post=609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

{"id":609,"date":"2019-09-21T09:18:40","date_gmt":"2019-09-21T09:18:40","guid":{"rendered":"https:\/\/legalseba.com\/services\/?p=609"},"modified":"2026-04-11T19:40:04","modified_gmt":"2026-04-11T19:40:04","slug":"winding-up-service-in-bangladesh","status":"publish","type":"post","link":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/","title":{"rendered":"Liquidation or Winding up a Company In Bangladesh"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_code _builder_version=”4.27.5″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″] A Complete Guide to Winding Up & Liquidating a Company in Bangladesh (2026)<\/title> <meta name=\"description\" content=\"The definitive 2026 guide on how to wind up or liquidate a company in Bangladesh. Understand the complete legal process, required documents by RJSC, and procedures under the Companies Act, 1994 for closing a business operation.\"> <meta name=\"keywords\" content=\"winding up company in Bangladesh, closing a company in Bangladesh, company liquidation process Bangladesh, legal procedure for closing a company, Companies Act 1994 liquidation, RJSC winding up, company dissolution Bangladesh, voluntary winding up\">  <script src=\"https:\/\/cdn.tailwindcss.com\"><\/script> <script src=\"https:\/\/cdn.jsdelivr.net\/npm\/chart.js\"><\/script> <link rel=\"preconnect\" href=\"https:\/\/fonts.googleapis.com\"> <link rel=\"preconnect\" href=\"https:\/\/fonts.gstatic.com\" crossorigin> <link href=\"https:\/\/fonts.googleapis.com\/css2?family=Inter:wght@400;500;600;700;800&display=swap\" rel=\"stylesheet\">  <\/p>\n<style> body { font-family: 'Inter', sans-serif; background-color: #f8fafc; color: #334155; scroll-behavior: smooth; }  \/* Timeline specific styles *\/ .timeline-item { cursor: pointer; transition: transform 0.2s ease-in-out, background-color 0.2s, color 0.2s; } .timeline-item:hover { transform: translateY(-2px); } .timeline-item.active { background-color: #2563EB; color: white; transform: translateY(-2px); } .timeline-item.active .timeline-dot { background-color: #2563EB; border-color: #DBEAFE; } .timeline-dot { transition: all 0.2s ease-in-out; z-index: 10; } .content-fade-in { animation: fadeIn 0.4s ease-in-out forwards; } @keyframes fadeIn { from { opacity: 0; transform: translateY(5px); } to { opacity: 1; transform: translateY(0); } }  \/* Chart container constraint *\/ .chart-container { position: relative; width: 100%; max-width: 400px; margin: 0 auto; height: 350px; } section { padding-top: 3rem; padding-bottom: 3rem; }  \/* Custom scrollbar for better aesthetics *\/ ::-webkit-scrollbar { width: 8px; } ::-webkit-scrollbar-track { background: #f1f5f9;  } ::-webkit-scrollbar-thumb { background: #cbd5e1;  border-radius: 4px; } ::-webkit-scrollbar-thumb:hover { background: #94a3b8;  } <\/style>\n<p><\/head><body class=\"antialiased selection:bg-blue-200 selection:text-blue-900\"> <main class=\"container mx-auto px-4 sm:px-6 lg:px-8 mt-8\">   <\/p>\n<section id=\"overview\" class=\"text-center\"> <span class=\"inline-block py-1 px-3 rounded-full bg-blue-100 text-blue-700 font-semibold text-xs mb-3\">Bangladesh Legal Guide 2026<\/span> <\/p>\n<h2 class=\"text-3xl md:text-4xl font-extrabold text-slate-900 mb-4 leading-tight\">Closing a Company in Bangladesh:<!\u2013- [et_pb_br_holder] -\u2013>The Complete Legal Guide<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-base text-slate-600 mb-8 leading-relaxed\">Winding up, or <a href=\"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\" class=\"text-blue-600 hover:underline\">liquidating a company<\/a>, is the formal legal process of closing a business, settling its debts, and dissolving its corporate existence. In Bangladesh, this procedure is meticulously governed by the <strong>Companies Act, 1994<\/strong>. This guide provides a detailed breakdown of the entire process from resolution to final deregistration.<\/pee>  <\/p>\n<div class=\"bg-gradient-to-r from-blue-50 to-slate-50 p-5 rounded-xl max-w-3xl mx-auto text-left flex gap-4\"> <\/p>\n<div class=\"text-blue-500 text-xl font-serif\">\u00a7<\/div>\n<p> <\/p>\n<div> <\/p>\n<h3 class=\"font-bold text-base text-slate-800 mb-1\">The Legal Framework: Companies Act, 1994<\/h3>\n<p> <pee class=\"text-slate-600 text-sm leading-relaxed\">The primary legislation governing dissolution in Bangladesh is the Companies Act, 1994. The critical procedures and rules for winding up are detailed in <strong>Part V (Sections 221 to 355)<\/strong>. Strict compliance is mandatory for a lawful closure and to protect directors from future liabilities.<\/pee> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"types\"> <\/p>\n<h2 class=\"text-2xl md:text-3xl font-bold text-center text-slate-800 mb-4\">Three Paths to Company Liquidation<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 text-base mb-8\">The Act specifies three distinct methods for winding up depending on financial solvency and circumstances. Identifying the correct path is your crucial first step.<\/pee>  <\/p>\n<div class=\"grid grid-cols-1 md:grid-cols-3 gap-6\">  <\/p>\n<div class=\"bg-white p-6 rounded-xl transition-transform hover:-translate-y-1 shadow-sm border border-slate-100\"> <\/p>\n<div class=\"w-10 h-10 bg-blue-100 text-blue-600 rounded-full flex items-center justify-center font-bold text-lg mb-4\">1<\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold mb-2 text-slate-900\">Voluntary Winding Up<\/h3>\n<p> <pee class=\"text-slate-600 mb-4 text-sm leading-relaxed\">The most common method, initiated by the company itself without direct court intervention.<\/pee> <\/p>\n<ul class=\"text-sm space-y-3\"> <\/p>\n<li class=\"p-3 bg-slate-50 rounded-lg\"><strong>Members’:<\/strong> For solvent companies that can pay their debts. Requires a Declaration of Solvency.<\/li>\n<p> <\/p>\n<li class=\"p-3 bg-slate-50 rounded-lg\"><strong>Creditors’:<\/strong> For insolvent companies. Creditors take control over the liquidator appointment and the asset distribution.<\/li>\n<p> <\/ul>\n<p> <\/div>\n<p>  <\/p>\n<div class=\"bg-white p-6 rounded-xl transition-transform hover:-translate-y-1 shadow-sm border border-slate-100\"> <\/p>\n<div class=\"w-10 h-10 bg-red-100 text-red-600 rounded-full flex items-center justify-center font-bold text-lg mb-4\">2<\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold mb-2 text-slate-900\">By the Court<\/h3>\n<p> <pee class=\"text-slate-600 mb-4 text-sm leading-relaxed\">A compulsory liquidation ordered and overseen by the High Court Division.<\/pee> <pee class=\"text-slate-700 text-sm p-3 bg-red-50 rounded-lg\">A petition can be filed by the company, creditors, or <a href=\"http:\/\/www.roc.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">RJSC<\/a>. Grounds (Sec 241) include inability to pay debts or if the court deems it ‘just and equitable’.<\/pee> <\/div>\n<p>  <\/p>\n<div class=\"bg-white p-6 rounded-xl transition-transform hover:-translate-y-1 shadow-sm border border-slate-100\"> <\/p>\n<div class=\"w-10 h-10 bg-amber-100 text-amber-600 rounded-full flex items-center justify-center font-bold text-lg mb-4\">3<\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold mb-2 text-slate-900\">Under Supervision<\/h3>\n<p> <pee class=\"text-slate-600 mb-4 text-sm leading-relaxed\">Begins voluntarily but transitions to court oversight to protect stakeholder interests.<\/pee> <pee class=\"text-slate-700 text-sm p-3 bg-amber-50 rounded-lg\">Under <strong>Section 320<\/strong>, the court can make this order to ensure fairness, creating a hybrid process with judicial oversight to prevent fraud.<\/pee> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"process\"> <\/p>\n<h2 class=\"text-2xl md:text-3xl font-bold text-center text-slate-800 mb-4\">Interactive Guide: Members’ Voluntary Winding Up Process<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 text-base mb-12\">The Members’ Voluntary Winding Up is the standard procedure for solvent companies closing their operations. This interactive timeline provides a detailed, step-by-step guide through the entire legal process, with specific references to the Companies Act, 1994. Click on each step for a full explanation.<\/pee>  <\/p>\n<div class=\"flex flex-col lg:flex-row gap-12 max-w-5xl mx-auto\">  <\/p>\n<div class=\"w-full lg:w-1\/3 relative\">  <\/p>\n<div class=\"absolute left-1\/2 top-4 bottom-12 w-0.5 bg-slate-200 -translate-x-1\/2 z-0\"><\/div>\n<p> <\/p>\n<div id=\"timeline-container\" class=\"relative z-10 flex flex-col space-y-10 py-2\">  <\/div>\n<p> <\/div>\n<p>   <\/p>\n<div class=\"w-full lg:w-2\/3\"> <\/p>\n<article id=\"process-content\" class=\"bg-white p-6 md:p-8 rounded-xl shadow-sm border border-slate-100 min-h-[300px]\"> <\/p>\n<h3 id=\"content-title\" class=\"text-xl md:text-2xl font-bold mb-4 text-blue-600\">Select a Step from the Timeline<\/h3>\n<p> <\/p>\n<div id=\"content-body\" class=\"text-slate-600 text-base space-y-4\"> <pee>Click on a step from the interactive timeline to the left to view the detailed procedures, legal requirements, and key documents for that stage of the company liquidation process.<\/pee> <\/div>\n<p> <\/article>\n<p> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"timeline-chart-section\"> <\/p>\n<div class=\"flex flex-col md:flex-row items-center gap-10 bg-white p-8 rounded-2xl shadow-sm border border-slate-100\"> <\/p>\n<div class=\"w-full md:w-1\/2\"> <\/p>\n<h2 class=\"text-2xl font-bold text-slate-800 mb-4\">Estimated Liquidation Timeline<\/h2>\n<p> <pee class=\"text-slate-600 mb-6 text-base\">How long does it take? On average, a straightforward Members’ Voluntary Winding Up in Bangladesh takes between <strong>9 to 11 months<\/strong> to complete, assuming all documentation is in order and there are no disputes.<\/pee> <\/p>\n<ul class=\"space-y-3 text-sm\"> <\/p>\n<li class=\"flex items-center gap-3\"><span class=\"w-3 h-3 rounded-full bg-[#3B82F6]\"><\/span> <span class=\"text-slate-700 font-medium\">Phase 1: Prep & Board Approval (1-2 Mos)<\/span><\/li>\n<p> <\/p>\n<li class=\"flex items-center gap-3\"><span class=\"w-3 h-3 rounded-full bg-[#10B981]\"><\/span> <span class=\"text-slate-700 font-medium\">Phase 2: EGM & Public Notices (1 Mo)<\/span><\/li>\n<p> <\/p>\n<li class=\"flex items-center gap-3\"><span class=\"w-3 h-3 rounded-full bg-[#F59E0B]\"><\/span> <span class=\"text-slate-700 font-medium\">Phase 3: Asset Sales & Tax Clearance (4-5 Mos)<\/span><\/li>\n<p> <\/p>\n<li class=\"flex items-center gap-3\"><span class=\"w-3 h-3 rounded-full bg-[#6366F1]\"><\/span> <span class=\"text-slate-700 font-medium\">Phase 4: Final Meeting & RJSC Dissolution (3 Mos)<\/span><\/li>\n<p> <\/ul>\n<p> <pee class=\"text-xs text-slate-500 italic mt-4\">* Note: Timeframes can extend significantly if the company faces litigation, complex asset realization, or delays in obtaining clearance from the <a href=\"https:\/\/nbr.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-500 hover:underline\">National Board of Revenue (NBR)<\/a>.<\/pee> <\/div>\n<p> <\/p>\n<div class=\"w-full md:w-1\/2 flex justify-center\"> <\/p>\n<div class=\"chart-container\"> <canvas id=\"durationChart\"><\/canvas> <\/div>\n<p> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"liquidator\" class=\"scroll-mt-24\"> <\/p>\n<h2 class=\"text-3xl lg:text-4xl font-bold text-center text-slate-800 mb-5\">The Liquidator: Role & Powers<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 mb-12\">The appointment of a Liquidator is the turning point in the process. From the moment of their appointment, all the powers of the Board of Directors cease entirely <strong>(Section 309)<\/strong>. The Liquidator becomes the sole authority managing the company’s affairs.<\/pee>  <\/p>\n<div class=\"bg-white p-8 md:p-10 rounded-2xl\"> <\/p>\n<div class=\"grid grid-cols-1 md:grid-cols-2 gap-10\"> <\/p>\n<div> <\/p>\n<h3 class=\"text-2xl font-bold text-slate-900 mb-4 flex items-center\"><span class=\"bg-blue-100 text-blue-600 p-2 rounded-lg mr-3\">\u2696\ufe0f<\/span> Core Responsibilities<\/h3>\n<p> <pee class=\"text-slate-600 mb-4\">A liquidator is legally obligated to act impartially and in the best interests of both creditors and shareholders. They must:<\/pee> <\/p>\n<ul class=\"space-y-3 text-slate-700 text-sm\"> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Secure and protect all company assets, books, and records.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Verify, admit, or reject claims made by creditors.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Pay off all legitimate company debts in the order of legal priority.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Distribute any remaining surplus funds back to the shareholders.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-blue-500 mr-2 font-bold\">\u2022<\/span> Keep meticulous financial records of the liquidation process.<\/li>\n<p> <\/ul>\n<p> <\/div>\n<p> <\/p>\n<div> <\/p>\n<h3 class=\"text-2xl font-bold text-slate-900 mb-4 flex items-center\"><span class=\"bg-blue-100 text-blue-600 p-2 rounded-lg mr-3\">\u26a1<\/span> Statutory Powers (Sec. 314)<\/h3>\n<p> <pee class=\"text-slate-600 mb-4\">To achieve the dissolution, the liquidator is granted immense legal powers, including the right to:<\/pee> <\/p>\n<ul class=\"space-y-3 text-slate-700 text-sm\"> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Initiate or defend any lawsuit in the name of the company.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Sell the movable and immovable property of the company by public auction or private contract.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Execute deeds, receipts, and other documents using the company seal.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Draw, accept, make, and endorse any bill of exchange or promissory note.<\/li>\n<p> <\/p>\n<li class=\"flex items-start\"><span class=\"text-emerald-500 mr-2 font-bold\">\u2713<\/span> Make financial calls on shareholders for any unpaid share capital.<\/li>\n<p> <\/ul>\n<p> <\/div>\n<p> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"effects\"> <\/p>\n<div class=\"container mx-auto max-w-6xl\"> <\/p>\n<h2 class=\"text-2xl md:text-3xl font-bold text-center text-slate-800 mb-4\">Legal Consequences of Liquidation<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 text-base mb-12\">Once the special resolution for voluntary winding up is passed, the company undergoes immediate and profound legal changes. Understanding these effects is vital for management and stakeholders.<\/pee>  <\/p>\n<div class=\"grid grid-cols-1 md:grid-cols-2 lg:grid-cols-4 gap-6\"> <\/p>\n<div class=\"bg-slate-100 p-8 rounded-2xl transition-transform hover:-translate-y-1\"> <\/p>\n<h4 class=\"text-lg font-bold text-blue-600 mb-3\">Corporate State<\/h4>\n<p> <pee class=\"text-sm text-slate-600 leading-relaxed\">The company ceases to carry on its business immediately, except so far as may be strictly required for its beneficial winding up. However, its corporate state and powers continue until formal dissolution.<\/pee> <\/div>\n<p> <\/p>\n<div class=\"bg-slate-100 p-8 rounded-2xl transition-transform hover:-translate-y-1\"> <\/p>\n<h4 class=\"text-lg font-bold text-blue-600 mb-3\">Directors’ Powers<\/h4>\n<p> <pee class=\"text-sm text-slate-600 leading-relaxed\">Upon the appointment of the Liquidator, all executive and management powers of the Board of Directors, Managing Director, and Managers cease immediately (unless explicitly sanctioned to continue by the liquidator or members).<\/pee> <\/div>\n<p> <\/p>\n<div class=\"bg-slate-100 p-8 rounded-2xl transition-transform hover:-translate-y-1\"> <\/p>\n<h4 class=\"text-lg font-bold text-blue-600 mb-3\">Legal Proceedings<\/h4>\n<p> <pee class=\"text-sm text-slate-600 leading-relaxed\">In a court-ordered liquidation, a stay is placed on legal proceedings against the company. In a voluntary liquidation, creditors can still sue, but the liquidator usually asks the court to stay actions to ensure fair distribution of assets.<\/pee> <\/div>\n<p> <\/p>\n<div class=\"bg-slate-100 p-8 rounded-2xl transition-transform hover:-translate-y-1\"> <\/p>\n<h4 class=\"text-lg font-bold text-blue-600 mb-3\">Employees<\/h4>\n<p> <pee class=\"text-sm text-slate-600 leading-relaxed\">A winding up order typically operates as an immediate notice of discharge to all employees. In voluntary winding up, employees are discharged unless the liquidator explicitly retains them to assist in the winding up process.<\/pee> <\/div>\n<p> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"documents\" class=\"scroll-mt-24\"> <\/p>\n<h2 class=\"text-3xl lg:text-4xl font-bold text-center text-slate-800 mb-5\">Comprehensive Document Checklist<\/h2>\n<p> <pee class=\"max-w-3xl mx-auto text-center text-slate-600 mb-12\">Meticulous documentation is required for submission to authorities like RJSC, NBR, and Bangladesh Bank. Ensure you have the following ready:<\/pee>  <\/p>\n<div class=\"bg-white p-8 md:p-10 rounded-2xl\"> <\/p>\n<ul class=\"grid grid-cols-1 sm:grid-cols-2 lg:grid-cols-3 gap-x-8 gap-y-4 text-slate-700\"> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Certificate of Incorporation<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Memorandum & Articles<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Return of Allotment (Form-XV)<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Annual Summary (Schedule-X)<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Share Transfer (Form-117)<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span><a href=\"https:\/\/legalseba.com\/bd-articles\/transfer-of-shares-and-repatriation-of-sales-proceeds-for-non-residents-in-bangladesh\/\" class=\"text-blue-600 hover:underline\">Foreign Encashment Certificate<\/a><\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Audited Financial Statements<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Declaration of Solvency<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Special Resolution (Form VIII)<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span><a href=\"https:\/\/nbr.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">Tax Clearance (NBR)<\/a><\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span><a href=\"https:\/\/www.bb.org.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">CIB Report (Bangladesh Bank)<\/a><\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>BFIU Clearance Letter<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Closing Trade & VAT License<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Liquidator’s Final Accounts<\/li>\n<p> <\/p>\n<li class=\"flex items-start bg-slate-50 p-3 rounded-lg\"><span class=\"text-blue-500 mr-2 mt-0.5\">\u2713<\/span>Return of Final Meeting<\/li>\n<p> <\/ul>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"faq\" class=\"scroll-mt-24\"> <\/p>\n<h2 class=\"text-3xl lg:text-4xl font-bold text-center text-slate-800 mb-12\">Frequently Asked Questions<\/h2>\n<p> <\/p>\n<div class=\"max-w-3xl mx-auto space-y-4\">  <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\" open> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> What is the difference between ‘winding up’ and ‘striking off’? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> ‘Winding up’ is the formal, structured process of liquidating a company’s assets to pay its debts and distributing the remainder before dissolving it. ‘Striking off’ (under Sec 354) is a simpler procedure where <a href=\"http:\/\/www.roc.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">RJSC<\/a> removes a defunct, zero-asset, zero-liability company from the register. <\/div>\n<p> <\/details>\n<p> <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\"> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> Can a foreign company’s branch office be liquidated this way? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> No. The winding-up procedures in the Companies Act primarily apply to local entities. Closing a branch or liaison office requires de-registration clearances from <a href=\"https:\/\/www.investbangladesh.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">BIDA<\/a>, <a href=\"https:\/\/www.bb.org.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">Bangladesh Bank<\/a>, and <a href=\"https:\/\/nbr.gov.bd\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-blue-600 hover:underline\">NBR<\/a>. For more details on the procedures for foreign entities, read our <a href=\"https:\/\/legalseba.com\/bd-articles\/exit-policy-for-the-foreign-investors-in-bangladesh\/\" class=\"text-blue-600 hover:underline\">Exit Policy for Foreign Investors in Bangladesh<\/a>. <\/div>\n<p> <\/details>\n<p> <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\"> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> What if the company runs out of money during voluntary winding up? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> If the liquidator determines that the company cannot pay its debts in full within the period stated in the Declaration of Solvency, they must immediately summon a meeting of the creditors (Section 311). The process converts into a Creditors’ Voluntary Winding Up. <\/div>\n<p> <\/details>\n<p> <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\"> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> Who can be appointed as a Liquidator in Bangladesh? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> The Companies Act does not explicitly mandate professional qualifications for a liquidator in a voluntary winding up (unlike some jurisdictions that require licensed insolvency practitioners). However, in practice, companies usually appoint a trusted Chartered Accountant (CA), <a href=\"https:\/\/legalseba.com\/bangladesh-company-tax-guide\/\" class=\"text-blue-600 hover:underline\">Tax Consultant<\/a>, or an experienced Corporate Lawyer to handle the complex financial and legal duties. <\/div>\n<p> <\/details>\n<p> <\/p>\n<details class=\"bg-white rounded-xl group overflow-hidden\"> <\/p>\n<summary class=\"font-semibold text-lg text-slate-800 p-6 cursor-pointer list-none flex justify-between items-center hover:bg-slate-50 transition-colors\"> Can the court intervene in a Voluntary Winding Up? <span class=\"text-blue-500 transform transition-transform duration-300 group-open:rotate-180 text-2xl leading-none\">\u25be<\/span> <\/summary>\n<p> <\/p>\n<div class=\"px-6 pb-6 text-slate-600 leading-relaxed pt-2\"> Yes. Under <strong>Section 318<\/strong>, the liquidator, any contributory (shareholder), or creditor can apply to the Court to determine any question arising in the winding up, or to exercise any of the powers the Court would have if the company were being wound up by the Court. <\/div>\n<p> <\/details>\n<p> <\/div>\n<p> <\/section>\n<p>  <\/p>\n<section id=\"contact\" class=\"scroll-mt-24 py-16 mb-16\"> <\/p>\n<div class=\"text-center mb-12\"> <\/p>\n<h2 class=\"text-3xl md:text-4xl font-bold text-slate-900 mb-4\">Ready for a Clean Exit? Consult a Top Liquidation Expert in Bangladesh.<\/h2>\n<p> <pee class=\"text-lg text-slate-500 max-w-2xl mx-auto\"> Connect with dedicated <a href=\"https:\/\/legalseba.com\/bd-services\/startup-lawyer-in-bangladesh\/\" class=\"text-blue-600 hover:underline font-semibold\">corporate lawyers at LegalSeba LLP<\/a> who understand the strict compliance, clearances, and strategic precision required for statutory winding up and final deregistration. <\/pee> <\/div>\n<p> <\/p>\n<div class=\"grid grid-cols-1 md:grid-cols-3 gap-6 max-w-5xl mx-auto\">  <\/p>\n<div class=\"bg-white rounded-3xl p-10 flex flex-col items-center text-center transition-transform hover:-translate-y-1\"> <\/p>\n<div class=\"w-16 h-16 bg-slate-50 rounded-full flex items-center justify-center mb-6 text-2xl\"> \u2709\ufe0f <\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold text-slate-900 mb-3\">Email Us<\/h3>\n<p> <pee class=\"text-slate-500 text-sm mb-6 flex-grow\">For formal inquiries and document reviews.<\/pee> <a href=\"mailto:support@legalseba.com\" class=\"text-blue-600 font-medium hover:text-blue-700 transition-colors\">support@legalseba.com<\/a> <\/div>\n<p>  <\/p>\n<div class=\"bg-white rounded-3xl p-10 flex flex-col items-center text-center transition-transform hover:-translate-y-1\"> <\/p>\n<div class=\"w-16 h-16 bg-slate-50 rounded-full flex items-center justify-center mb-6 text-2xl\"> \ud83d\udcf2 <\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold text-slate-900 mb-3\">WhatsApp<\/h3>\n<p> <pee class=\"text-slate-500 text-sm mb-6 flex-grow\">Direct line for urgent queries and quick advice.<\/pee> <a href=\"https:\/\/wa.me\/8801753718223\" class=\"text-green-600 font-medium hover:text-green-700 transition-colors\">+8801753718223<\/a> <\/div>\n<p>  <\/p>\n<div class=\"bg-[#1a1a1a] rounded-3xl p-10 flex flex-col items-center text-center text-white transition-transform hover:-translate-y-1\"> <\/p>\n<div class=\"w-16 h-16 bg-white\/10 rounded-full flex items-center justify-center mb-6 text-2xl\"> \ud83d\udcc5 <\/div>\n<p> <\/p>\n<h3 class=\"text-xl font-bold text-white mb-3\">Book a Meeting<\/h3>\n<p> <pee class=\"text-slate-300 text-sm mb-6 flex-grow\">Schedule a strategic consultation with our partners.<\/pee> <a href=\"https:\/\/LegalSeba.com\/book-now\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"text-white font-medium hover:text-slate-200 transition-colors\">LegalSeba.com\/book-now<\/a> <\/div>\n<p> <\/div>\n<p> <\/section>\n<p> <\/main>  <\/p>\n<footer class=\"bg-slate-100 py-8 text-center text-slate-500 text-sm\"> <pee>© 2026 Company Liquidation Guide Bangladesh. Provided for educational purposes.<\/pee> <\/footer>\n<p>  <script> document.addEventListener('DOMContentLoaded', function() {  \/* --- TIMELINE LOGIC --- *\/ const processData = [ { id: 'step1', title: 'Step 1: Document Preparation', content: ` <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Declaration of Solvency<\/h4>\n<p> <pee class=\"mb-4\">As required by <strong>Section 305 of the Companies Act, 1994<\/strong>, the majority of directors must sign a 'Declaration of Solvency'. This legal declaration, verified by an affidavit, states that they have made a full inquiry into the company's affairs and are confident it can pay all its debts in full within a specified period not exceeding three years from the start of the winding up. It must be supported by a statement of the company's assets and liabilities and an auditor's report.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Accounts & Audit<\/h4>\n<p> <pee>A comprehensive Profit and Loss Account and an audited Balance Sheet must be prepared up to the latest practicable date before making the declaration. This audited financial statement serves as the primary evidence for the company's solvency.<\/pee> ` }, { id: 'step2', title: 'Step 2: Meetings & Resolutions', content: ` <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Board of Directors' Meeting<\/h4>\n<p> <pee class=\"mb-4\">A formal Board Meeting is convened to approve the audited accounts and the Declaration of Solvency. In this meeting, the directors also pass a resolution to call an Extraordinary General Meeting (EGM) where the shareholders will vote on the winding up.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Filing with RJSC & EGM Notice<\/h4>\n<p> <pee class=\"mb-4\">The notarized Declaration of Solvency must be filed with the <a href='http:\/\/www.roc.gov.bd\/' target='_blank' rel='noopener noreferrer' class='text-blue-600 hover:underline'>Registrar of Joint Stock Companies and Firms (RJSC)<\/a> before the notices for the EGM are dispatched to the members, as mandated by <strong>Section 305(3)<\/strong>.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Extraordinary General Meeting (EGM)<\/h4>\n<p> <pee>Pursuant to <strong>Section 306<\/strong>, the EGM is held to pass a 'Special Resolution' to wind up the company voluntarily. A resolution passed by at least a three-fourths majority of the members present is required. The same meeting also officially appoints one or more liquidators and fixes their remuneration.<\/pee> ` }, { id: 'step3', title: 'Step 3: Liquidator Appointment & Public Notice', content: ` <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Liquidator's Duties Commence<\/h4>\n<p> <pee class=\"mb-4\">The liquidator formally accepts the appointment and is required to notify the <a href='http:\/\/www.roc.gov.bd\/' target='_blank' rel='noopener noreferrer' class='text-blue-600 hover:underline'>RJSC<\/a> of their appointment within 10 days <strong>(Section 308)<\/strong>. The liquidator must also inform the relevant Deputy Commissioner of Taxes office (under <a href='https:\/\/nbr.gov.bd\/' target='_blank' rel='noopener noreferrer' class='text-blue-600 hover:underline'>NBR<\/a>) within thirty days of their appointment.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Gazette and Newspaper Publication<\/h4>\n<p> <pee class=\"mb-4\">As mandated by <strong>Section 307<\/strong>, the company must publish a notice of the special resolution for winding up in the official Gazette and at least one widely circulated newspaper in the district of the registered office. This must be done within 10 days of the resolution being passed.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Annual General Meeting (if required)<\/h4>\n<p> <pee>If the winding up process continues for more than one year, the liquidator is obligated under <strong>Section 313<\/strong> to convene a general meeting at the end of each year to present a detailed account of their actions and the conduct of the liquidation during the preceding year.<\/pee> ` }, { id: 'step4', title: 'Step 4: Final Meeting & Company Dissolution', content: ` <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Preparation of Final Accounts<\/h4>\n<p> <pee class=\"mb-4\">Once the affairs of the company are fully wound up (assets sold, debts paid), the liquidator prepares a final comprehensive account. This account details exactly how the winding up was conducted and how the company's property has been disposed of, as required by <strong>Section 315<\/strong>.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Final Extraordinary General Meeting<\/h4>\n<p> <pee class=\"mb-4\">The liquidator then calls a final EGM of the company. Notice for this meeting must be published at least one month in advance in the official gazette and a newspaper. During this meeting, the liquidator presents the final accounts to the members for their approval.<\/pee> <\/p>\n<h4 class=\"font-semibold text-lg text-slate-800 mb-2\">Final Filing and Official Dissolution<\/h4>\n<p> <pee>Within one week of the final meeting, the liquidator must file a copy of the final accounts and a return of the meeting with the <a href='http:\/\/www.roc.gov.bd\/' target='_blank' rel='noopener noreferrer' class='text-blue-600 hover:underline'>RJSC<\/a>. The company is officially and legally deemed to be dissolved three months after the registration date of this final return, as stipulated by <strong>Section 315(4)<\/strong>.<\/pee> ` } ]; const timelineContainer = document.getElementById('timeline-container'); const contentTitle = document.getElementById('content-title'); const contentBody = document.getElementById('content-body'); processData.forEach((item, index) => { const timelineItem = document.createElement('div'); timelineItem.className = 'timeline-item relative w-full bg-white px-5 py-4 rounded-xl z-10 text-slate-700 font-semibold text-base text-center shadow-sm border border-slate-100'; timelineItem.dataset.id = item.id;  timelineItem.innerHTML = ` <\/p>\n<div class=\"relative z-10 leading-snug\">${item.title}<\/div>\n<p> <\/p>\n<div class=\"timeline-dot absolute left-1\/2 -translate-x-1\/2 -bottom-6 bg-slate-300 w-4 h-4 rounded-full border-[3px] border-white z-20\"><\/div>\n<p> `; timelineContainer.appendChild(timelineItem); }); const timelineItems = document.querySelectorAll('.timeline-item'); timelineItems.forEach(item => { item.addEventListener('click', () => { const selectedData = processData.find(p => p.id === item.dataset.id); timelineItems.forEach(i => i.classList.remove('active')); item.classList.add('active'); \/\/ Trigger animation const contentWrapper = contentTitle.parentElement; contentWrapper.classList.remove('content-fade-in'); void contentWrapper.offsetWidth; \/\/ Reflow  contentTitle.innerText = selectedData.title; contentBody.innerHTML = selectedData.content; contentWrapper.classList.add('content-fade-in'); }); }); \/\/ Initialize first tab if(timelineItems.length > 0) { timelineItems[0].click(); } \/* --- CHART.JS INITIALIZATION --- *\/ \/\/ Initialize Donut Chart when it scrolls into view to save initial rendering resources let chartRendered = false; const chartSection = document.getElementById('timeline-chart-section');  const chartObserver = new IntersectionObserver((entries) => { if (entries[0].isIntersecting && !chartRendered) { chartRendered = true;  const ctx = document.getElementById('durationChart').getContext('2d'); new Chart(ctx, { type: 'doughnut', data: { labels: ['Phase 1: Prep', 'Phase 2: EGM & RJSC', 'Phase 3: Clearances', 'Phase 4: Dissolution'], datasets: [{ data: [1.5, 1, 4.5, 3], \/\/ Represents months backgroundColor: [ '#3B82F6', \/\/ Blue '#10B981', \/\/ Emerald '#F59E0B', \/\/ Amber '#6366F1' \/\/ Indigo ], borderWidth: 0, hoverOffset: 4 }] }, options: { responsive: true, maintainAspectRatio: false, cutout: '65%', plugins: { legend: { display: false \/\/ Using custom HTML legend instead }, tooltip: { callbacks: { label: function(context) { return ` ${context.raw} Months`; } }, backgroundColor: 'rgba(15, 23, 42, 0.9)', padding: 12, titleFont: { family: 'Inter', size: 14 }, bodyFont: { family: 'Inter', size: 13 } } }, animation: { animateScale: true, animateRotate: true } } }); } }, { threshold: 0.2 }); if(chartSection) { chartObserver.observe(chartSection); } }); <\/script><\/body><\/html>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<header class=\"entry-header\"><header class=\"entry-header\">\r\n<h1 class=\"entry-title\">How to Liquidate a Company in Bangladesh<\/h1>\r\n<\/header>\r\n<div class=\"entry-content\">\r\n\r\n\u00a0\r\n\r\n<\/div>\r\n<\/header>\r\n<div class=\"entry-content\">\r\n\r\nIn Bangladesh, the winding up of a company may be either \u2013\r\n<ol>\r\n \t<li>Voluntary; or<\/li>\r\n \t<li>By the court; or<\/li>\r\n \t<li>Subject to the supervision of the court.<\/li>\r\n<\/ol>\r\nVoluntary winding up is usually undertaken by solvent companies, except in the case of creditor\u2019s voluntary winding up.\r\n\r\nBelow we have described the process of voluntary winding up by passing a special resolution.\r\n<h3 style=\"text-align: center;\">PROCEDURE FOR VOLUNTARY WINDING UP:<\/h3>\r\n<h4><strong>First Step: Preparing Documents<\/strong><\/h4>\r\n<h4>Declaration of Solvency<\/h4>\r\nA declaration of solvency has to be prepared and signed by the directors. The declaration will contain statement of the company\u2019s assets and liabilities as at the latest predictable date before making of the declaration. The declaration will also state that the company has no debts or that it will be able to pay its debt in full within such period not exceeding there years from the commencement of the winding up.\r\n\r\nThe declaration must be verified by an affidavit to the effect that the directors have made a full inquiry into the affairs of the company. The declaration will be signed by all the directors of the company or, in the case of a company having more than two directors, the majority of the directors.\r\n<h4>Accounts & Audit<\/h4>\r\nProfit and Loss Account and audited Balance Sheet will be prepared up to the latest predictable date as mentioned above and audited. Auditor\u2019s report should be obtained.\r\n<h4><strong>Second Step: Board Meeting & Extra Ordinary General Meeting\u00a0<\/strong><\/h4>\r\n<h4>Board Meeting<\/h4>\r\nA Board meeting will be convened pursuant to the rules of Companies Act and Articles of the company. Majority of the directors should be present at the meeting. In the meeting, the directors will approve:\r\n\r\na. Audited accounts;\r\n\r\nb. The declaration of the Directors;\r\n\r\nThe directors will also call an extra ordinary general meeting for passing the special resolution to wound up the company. After the meeting, the declaration and the affidavit (prepared in the first step) should be notarized.\r\n<h4>Filling of Declaration with RJSC<\/h4>\r\nThe declaration should be filed with the Registrar of Joint Stock Companies and Firms within 5 weeks from the date of the declaration.\r\n<h4>Extra Ordinary General Meeting<\/h4>\r\nThe extraordinary general meeting will be held and the special resolution will be passed. The special resolution will approve the \u2013 i) winding up; ii) appointment of the liquidator and fix the liquidator\u2019s remuneration.\r\n<h4>Filling with RJSC<\/h4>\r\nThe content of the extraordinary general meeting (along with Form VIII) and the appointment of the liquidator will be filed with the RJSC.\r\n<h4><strong>Third Step: Appoint of Liquidator\u00a0<\/strong><\/h4>\r\n<h4>Liquidator<\/h4>\r\nImmediately after the special resolution is passed, the liquidator will accept the appointment and will assume office and ensure that RJSC is notified about his\/her appointment.\r\n\r\nWithin thirty days after liquidator is appointed, the liquidator will give notice of his appointment as such to the Deputy Commissioner of Taxes having jurisdiction to assess the company.\r\n<h4>Gazette and Newspaper Publication:<\/h4>\r\nNotice of any special resolution or extraordinary resolution for winding up a company voluntarily shall be given by the company within ten days of the passing of the same by advertisement in the official Gazette, and also in 2 Bangla and 2 English newspapers twice during the process, if any circulating in the district where the registered office of the company is situate. The appointment of the liquidator should also be mentioned in the advertisement.\r\n<h4>AGM (if required)<\/h4>\r\nIn the event of the winding up continuing for more than one year, the liquidator shall arrange an Annual General Meeting of the company at the end of the first year from the commencement of the winding up and of each succeeding year, or as soon thereafter as may be convenient within ninety days, of the close of the year, and shall lay before the meeting an account of his acts and dealings and of the conduct of the winding up during the proceeding year and a statement in the prescribed form containing the prescribed particulars with respect to the position of the liquidation.\r\n<h4><strong>Fourth Step: Final Meeting & Filling with the RJSC\u00a0<\/strong><\/h4>\r\n<h4>Final Account<\/h4>\r\nThe liquidator will prepare a final account of the winding up showing how the winding up has been conducted and the assets of the company has been disposed of. Then s\/he will call an extra ordinary general meeting.\r\n<h4>Extra Ordinary General Meeting<\/h4>\r\nNotice of the meeting will be given by advertisement specifying the time, place and object of the meeting not less than one month before the meeting in the official gazette and also in a newspaper circulating in the district where the registered office of the company is situated.\r\n\r\nIn the extra ordinary general meeting, a special resolution will be passed relating to the disposal of the books and papers of the company.\r\n<h3>Filling<\/h3>\r\nA return of the winding up meeting will be filed with the Registrar of Joint Stock Companies and Firms within one week of the meeting.\r\n\r\nAfter holding of the final meeting and the submission of the documents to the Registrar, the legal entity of the company will be dissolved.\r\n\r\n<\/div>\r\n\u00a0\r\n\r\nLegalSeba.com offers comprehensive services to facilitate the remittance of residual funds to foreign shareholders following the winding up of a company in Bangladesh. This process, which involves strict compliance with regulatory requirements and guidelines set forth by Bangladesh Bank, can be complex and challenging. LegalSeba.com provides expert assistance in both court-supervised and voluntary winding up scenarios to ensure a smooth exit strategy for businesses.\r\n<h3>Court-Supervised Winding Up<\/h3>\r\nIn cases where a company is winding up under the supervision of the court, LegalSeba.com offers several key services:\r\n<ul>\r\n \t<li><strong>Application Preparation<\/strong>: LegalSeba.com prepares and submits applications to the Foreign Exchange Investment Department (FEID) of Bangladesh Bank, ensuring all necessary documentation is in place.<\/li>\r\n \t<li><strong>Court Order Endorsement<\/strong>: The company assists in obtaining and endorsing the court order that specifies the distribution amount to shareholders.<\/li>\r\n \t<li><strong>Certification Assistance<\/strong>: LegalSeba.com helps secure certificates from liquidators or official receivers, confirming that all liabilities and statutory payments have been fulfilled.<\/li>\r\n<\/ul>\r\n<h3>Voluntary Winding Up<\/h3>\r\nFor companies opting for voluntary winding up, LegalSeba.com offers a structured approach to comply with all regulatory requirements:\r\n<ul>\r\n \t<li><strong>Document Compilation<\/strong>: LegalSeba.com gathers all necessary documents as per Annexure-A. These documents include:\r\n<ul>\r\n \t<li>Certificate of Incorporation<\/li>\r\n \t<li>Memorandum & Articles of Association<\/li>\r\n \t<li>Return of Allotment (Form-XV)<\/li>\r\n \t<li>Latest annual summary of share capital and list of shareholders\/directors (Schedule-X)<\/li>\r\n \t<li>Instrument of Transfer of Shares (Form-117)<\/li>\r\n \t<li>Encashment Certificate<\/li>\r\n \t<li>Import permit and related documents for shares issued against capital machinery<\/li>\r\n \t<li>Intimation of share issuance\/transfer as per relevant guidelines<\/li>\r\n \t<li>Latest audited financial statements<\/li>\r\n \t<li>Certified copies of Form VIII evidencing special resolution for voluntary liquidation<\/li>\r\n \t<li>Liquidator\u2019s certificates confirming full payment of liabilities and compliance with the Companies Act<\/li>\r\n \t<li>Winding up documents in accordance with the Companies Act<\/li>\r\n \t<li>Certification of overdue export proceeds and unmatched bill of entry<\/li>\r\n \t<li>Tax clearance certificate<\/li>\r\n \t<li>Police Clearance Certificate (where applicable)<\/li>\r\n \t<li>CIB report<\/li>\r\n \t<li>List of non-resident shareholders to whom proceeds are payable<\/li>\r\n \t<li>Liquidator\u2019s undertaking regarding ineligible remittance amounts<\/li>\r\n \t<li>Obtaining any Clearance Letter from the Bangladesh Financial Intelligence Unit<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<h3>Liaison with Authorized Dealers (ADs)<\/h3>\r\nLegalSeba.com also acts as a liaison with Authorized Dealers (ADs) to ensure thorough compliance verification and seamless remittance processes:\r\n<ul>\r\n \t<li><strong>Compliance Verification<\/strong>: Ensuring that the target company complies with Paragraph-2(A)(c) & 2(B), Chapter-9, Volume-I of the Guidelines for Foreign Exchange Transactions-2018 or similar guidelines.<\/li>\r\n \t<li><strong>Permission Requests<\/strong>: Forwarding permission requests for remittance to FEID only after thorough compliance checks.<\/li>\r\n<\/ul>\r\n<h3>Timeline and Banking Practice<\/h3>\r\nThe entire process of winding up and remittance can take approximately 9-11 months. Once all required documents are submitted, the designated bank will transfer the remaining funds to the foreign investors\u2019 bank accounts in their respective countries of residence.\r\n\r\nBefore remitting funds, Authorized Dealers (ADs) must exercise due diligence in accordance with Know Your Customer (KYC) protocols, Anti-Money Laundering (AML), and Counter Financing of Terrorism (CFT) standards. Additionally, they must ensure compliance with regulations pertaining to the payment of taxes and related obligations.\r\n\r\nBy offering these comprehensive services, LegalSeba.com ensures that the winding-up process and subsequent remittance of funds are handled efficiently, transparently, and in full compliance with Bangladeshi laws and regulations. This enables foreign shareholders to receive their residual funds smoothly and without undue delay, ensuring a secure and compliant exit from the Bangladeshi market.\r\n\r\n\u00a0\r\n\r\n<strong>Why Choose LegalSeba.com?<\/strong>\r\n<ul>\r\n \t<li><strong>Expertise:<\/strong> Our team is well-versed in Bangladeshi corporate and foreign exchange regulations, ensuring expert guidance through every step of the winding-up process.<\/li>\r\n \t<li><strong>Efficiency:<\/strong> We streamline the process, reducing the administrative burden on your company and ensuring timely submission and approval of all necessary documents.<\/li>\r\n \t<li><strong>Compliance Assurance:<\/strong> We provide comprehensive compliance checks, ensuring that all regulatory requirements are met, minimizing the risk of delays or rejections.<\/li>\r\n \t<li><strong>Personalized Service:<\/strong> Our tailored services meet the specific needs of each client, providing dedicated support and personalized solutions.<\/li>\r\n<\/ul>\r\n<h3>Contact Us<\/h3>\r\nFor more information on how LegalSeba.com can assist you with your company\u2019s exit strategy and compliance in Bangladesh, please contact us at:\r\n<ul>\r\n \t<li><strong>Phone\/whatsapp:<\/strong> +8801753718223<\/li>\r\n \t<li><strong>Email:<\/strong> support@legalseba.com<\/li>\r\n<\/ul>\r\nLet LegalSeba.com be your trusted partner in navigating the complexities of company winding up and foreign shareholder remittance compliance in Bangladesh.","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[1,16],"tags":[],"class_list":["post-609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-formation","category-corporate-laws","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n<title>Liquidation or Winding up a Company In Bangladesh - LegalSeba | Legal Service in Bangladesh<\/title>\n<meta name=\"description\" content=\"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Liquidation or Winding up a Company In Bangladesh\" \/>\n<meta property=\"og:description\" content=\"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/\" \/>\n<meta property=\"og:site_name\" content=\"LegalSeba | Legal Service in Bangladesh\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/legalseba\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-21T09:18:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-11T19:40:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"902\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"LegalSeba\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Legalseba\" \/>\n<meta name=\"twitter:site\" content=\"@Legalseba\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\"},\"author\":{\"name\":\"LegalSeba\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#\\\/schema\\\/person\\\/d85c7381b2b65be1fb7543f06fa36e13\"},\"headline\":\"Liquidation or Winding up a Company In Bangladesh\",\"datePublished\":\"2019-09-21T09:18:40+00:00\",\"dateModified\":\"2026-04-11T19:40:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\"},\"wordCount\":1314,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2019\\\/09\\\/Company-Winding-Up-scaled.jpg\",\"articleSection\":[\"Business Formation\",\"Corporate Law\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\",\"name\":\"Liquidation or Winding up a Company In Bangladesh - LegalSeba | Legal Service in Bangladesh\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2019\\\/09\\\/Company-Winding-Up-scaled.jpg\",\"datePublished\":\"2019-09-21T09:18:40+00:00\",\"dateModified\":\"2026-04-11T19:40:04+00:00\",\"description\":\"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#primaryimage\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2019\\\/09\\\/Company-Winding-Up-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2019\\\/09\\\/Company-Winding-Up-scaled.jpg\",\"width\":2560,\"height\":902,\"caption\":\"Company winding-up\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/winding-up-service-in-bangladesh\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Liquidation or Winding up a Company In Bangladesh\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#website\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/\",\"name\":\"LegalSeba | Legal Service in Bangladesh\",\"description\":\"Make Things Legal\",\"publisher\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#organization\",\"name\":\"LegalSeba | Legal Service in Bangladesh\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/12\\\/LegalSeba-Logo.png\",\"contentUrl\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/12\\\/LegalSeba-Logo.png\",\"width\":2826,\"height\":717,\"caption\":\"LegalSeba | Legal Service in Bangladesh\"},\"image\":{\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/legalseba\",\"https:\\\/\\\/x.com\\\/Legalseba\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/legalseba\",\"https:\\\/\\\/www.youtube.com\\\/@legalseba\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/#\\\/schema\\\/person\\\/d85c7381b2b65be1fb7543f06fa36e13\",\"name\":\"LegalSeba\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g\",\"caption\":\"LegalSeba\"},\"url\":\"https:\\\/\\\/legalseba.com\\\/bd-services\\\/author\\\/admin\\\/\"}]}<\/script>\n","yoast_head_json":{"title":"Liquidation or Winding up a Company In Bangladesh - LegalSeba | Legal Service in Bangladesh","description":"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/","og_locale":"en_US","og_type":"article","og_title":"Liquidation or Winding up a Company In Bangladesh","og_description":"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.","og_url":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/","og_site_name":"LegalSeba | Legal Service in Bangladesh","article_publisher":"https:\/\/www.facebook.com\/legalseba","article_published_time":"2019-09-21T09:18:40+00:00","article_modified_time":"2026-04-11T19:40:04+00:00","og_image":[{"width":2560,"height":902,"url":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","type":"image\/jpeg"}],"author":"LegalSeba","twitter_card":"summary_large_image","twitter_creator":"@Legalseba","twitter_site":"@Legalseba","twitter_misc":{"Written by":false,"Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#article","isPartOf":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/"},"author":{"name":"LegalSeba","@id":"https:\/\/legalseba.com\/bd-services\/#\/schema\/person\/d85c7381b2b65be1fb7543f06fa36e13"},"headline":"Liquidation or Winding up a Company In Bangladesh","datePublished":"2019-09-21T09:18:40+00:00","dateModified":"2026-04-11T19:40:04+00:00","mainEntityOfPage":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/"},"wordCount":1314,"commentCount":1,"publisher":{"@id":"https:\/\/legalseba.com\/bd-services\/#organization"},"image":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#primaryimage"},"thumbnailUrl":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","articleSection":["Business Formation","Corporate Law"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/","url":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/","name":"Liquidation or Winding up a Company In Bangladesh - LegalSeba | Legal Service in Bangladesh","isPartOf":{"@id":"https:\/\/legalseba.com\/bd-services\/#website"},"primaryImageOfPage":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#primaryimage"},"image":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#primaryimage"},"thumbnailUrl":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","datePublished":"2019-09-21T09:18:40+00:00","dateModified":"2026-04-11T19:40:04+00:00","description":"A detailed guide on the legal steps and procedures for closing, winding up, and liquidating a company in Bangladesh.","breadcrumb":{"@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#primaryimage","url":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","contentUrl":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2019\/09\/Company-Winding-Up-scaled.jpg","width":2560,"height":902,"caption":"Company winding-up"},{"@type":"BreadcrumbList","@id":"https:\/\/legalseba.com\/bd-services\/winding-up-service-in-bangladesh\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/legalseba.com\/bd-services\/"},{"@type":"ListItem","position":2,"name":"Liquidation or Winding up a Company In Bangladesh"}]},{"@type":"WebSite","@id":"https:\/\/legalseba.com\/bd-services\/#website","url":"https:\/\/legalseba.com\/bd-services\/","name":"LegalSeba | Legal Service in Bangladesh","description":"Make Things Legal","publisher":{"@id":"https:\/\/legalseba.com\/bd-services\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/legalseba.com\/bd-services\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/legalseba.com\/bd-services\/#organization","name":"LegalSeba | Legal Service in Bangladesh","url":"https:\/\/legalseba.com\/bd-services\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/legalseba.com\/bd-services\/#\/schema\/logo\/image\/","url":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2024\/12\/LegalSeba-Logo.png","contentUrl":"https:\/\/legalseba.com\/bd-services\/wp-content\/uploads\/sites\/2\/2024\/12\/LegalSeba-Logo.png","width":2826,"height":717,"caption":"LegalSeba | Legal Service in Bangladesh"},"image":{"@id":"https:\/\/legalseba.com\/bd-services\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/legalseba","https:\/\/x.com\/Legalseba","https:\/\/www.linkedin.com\/company\/legalseba","https:\/\/www.youtube.com\/@legalseba"]},{"@type":"Person","@id":"https:\/\/legalseba.com\/bd-services\/#\/schema\/person\/d85c7381b2b65be1fb7543f06fa36e13","name":"LegalSeba","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b2e50cdc0056034f677d7fd3b71cdf2d4acb1b32359ee5137aeeadb60c91fb?s=96&d=mm&r=g","caption":"LegalSeba"},"url":"https:\/\/legalseba.com\/bd-services\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/posts\/609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/comments?post=609"}],"version-history":[{"count":8,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/posts\/609\/revisions"}],"predecessor-version":[{"id":2585,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/posts\/609\/revisions\/2585"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/media\/988"}],"wp:attachment":[{"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/media?parent=609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/categories?post=609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalseba.com\/bd-services\/wp-json\/wp\/v2\/tags?post=609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}