The Companies Act and secretarial practices: different forms of business organizations- advantages and disadvantages of incorporation- procedure required to form a company by registration- capital, shares and debentures- flotation of corporate securities- underwriting- brokerage- discount and premium on shares- bonus and rights issues of shares- application, allotment, transfer and transmission of shares- memorandum and Articles of Association- filing of documents and returns- maintenance of records- accounts- disclosure of accounting and other information- shares- statutory books- company meetings- directors’ duties, explaining the consequences of any breach- directors’ power to manage the company.
Laws relating to The Securities and Exchange Commission: prospectus and listing particulars- Securities and Exchange Commission rules relating to a company listing- penalties for misrepresentation and negligent misstatement in the prospectus.
The Bank Companies Act: business of and licensing of bank companies, paid up capital and reserves- appointment and removal of directors and chief executive officer- illegal bank transactions by companies etc.- acquisition of the undertaking of banking companies- suspension of business and winding up of bank companies- central bank and the SEC- restriction on loans and advances- issuance of policy directions- remission of loans- accounts and audit- inspection and investigation- submission of return and reports.
The Financial Institutions Act: licensing of financial institutions- minimum capital, reserve fund and liquid assets- restriction on credit facilities- investment- holdings of properties- powers of Bangladesh Bank in prescribing rules- accounts, audit and inspection- removal of directors.
The Insurance Ordinance: classification of business and policies- Chief Controller of Insurance- registration and renewals- determination of premium rates- management expenses, capital and deposits, margin of safety- insurable interests- accounts and audit- actuarial report and abstract- registers- submission of returns- investment of assets, solvency margin, loans and management- investigation and power of regulatory authority- assignment and transfer of policies- companies and rebates- licensing of agents- survey and surveyors.