Company law in Bangladesh is primarily governed by the Companies Act 1994, which provides the legal framework for the formation, operation, and dissolution of companies. This Act, along with various amendments and regulations, forms the backbone of corporate governance in the country. The Companies Act 1994 recognizes different types of companies, including private limited companies, public limited companies, and companies limited by guarantee. Each type has specific requirements for formation, management, and compliance. Corporate governance in Bangladesh has evolved significantly in recent years, with the Bangladesh Securities and Exchange Commission (BSEC) playing a crucial role in setting standards for listed companies. The Corporate Governance Code 2018, issued by BSEC, provides a comprehensive framework for ensuring transparency, accountability, and protection of shareholders' rights. Key aspects of company law and corporate governance in Bangladesh include company formation, which involves registration with the Registrar of Joint Stock Companies and Firms (RJSC), requiring submission of memorandum and articles of association, along with other necessary documents. The law mandates the appointment of directors and defines their roles and responsibilities. For listed companies, there are specific requirements for independent directors. The Companies Act provides for various rights of shareholders, including the right to attend general meetings, vote on resolutions, and receive dividends. Companies are required to maintain proper books of accounts and prepare financial statements in accordance with International Financial Reporting Standards (IFRS). The law mandates annual audits by qualified chartered accountants and provides for the appointment and removal of auditors.