ABOUT US |
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The
Registrar of Joint Stock Companies and Firms (RJSC) is the
sole authority which facilitates formation of companies
etc.; and keeps track of all ownership related issues as
prescribed by the laws in Bangladesh.
The
Registrar is the authority of the Office of the Registrar of
Joint Stock Companies and Firms, Bangladesh. |
RJSC
deals with the following types of entities: |
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i. |
Private companies |
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ii. |
Public companies
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iii. |
Foreign companies
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iv. |
Trade organizations
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v. |
Societies, and
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vi. |
Partnership firms
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RJSC
accords registration and ensures lawful administration of the
entities under the provisions of applicable act as under: |
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i. |
Companies
and Trade Organizations: Companies Act, 1994 (Amendment of
Companies Act 1913) |
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ii. |
Societies:
Societies Registration Act, 1860 |
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iii. |
Partnership Firms: Partnership Act, 1932 |
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Historical Background |
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After
the partition of India, the Office of the Registrar of Joint
Stock Companies & Firms under the Ministry of Commerce was
first set up in Chittagong, the port and 2nd
biggest city of Bangladesh with some files and records of
Companies, Associations (Trade Organizations) and partnership
firms received from Kolkata, India. The office was transferred
to Dhaka, the capital of Bangladesh in 1962. Currently there
are around 110,000 entities registered under RJSC. |
ORGANOGRAM
AND STAFFING |
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The
Registrar is the head of RJSC. |
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Next
to the Registrar, there is one (1) Deputy Registrar in
Dhaka. |
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The
divisional offices at Chittagong, Khulna and Rajshahi are
run under the administrative control of the Registrar with
one (1) Assistant Registrar being In-Charge of the
respective divisional office. The present RJSC organogram
has provision of thirty nine (39) staff distributed as
under: |
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In
near future four (4) more divisional offices will be setup
at Sylhet, Barisal, Bogra and Comilla. Manpower will then
increase from present 39 to 58, with distribution as 20 in
Dhaka, 10 in Chittagong and 4-6 in each office of Rajshahi,
Khulna, Sylhet, Barisal, Bogra & Comilla. |
RJSC
BUSINESS |
The business of RJSC is -
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i. |
To incorporate
Companies (including
Trade Organization),
Societies and
Partnership Firms
under the respective
Companies Act 1994,
Societies
Registration Act
1860 and Partnership
Act 1932, and |
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ii. |
To administer and
enforce the relevant
statutory provisions
of these acts in
relation to the
incorporated
companies (including
Trade Organization),
societies and
partnership firms. |
RJSC business is split into the
following major business processes: |
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i |
Name Clearance |
: This is a
pre-requisite
for registration
of a new company
(other than
Foreign Company)
or a society or
a trade
organization. |
Promoters of
a new entity
(company,
society or
trade
organization)
apply for,
and RJSC
provides name
clearance for
one of the
proposed
names upon
satisfaction
that it does
not closely
match or
resembles
with any of
the already
taken names
(registered,
booked or
under the
process of
registration
of the same
entity type) |
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ii. |
Registration |
: Promoters
of a new
entity
apply for,
and RJSC
issues a
certificate
of
incorporation
for a new
entity upon
satisfaction
that the
application
conforms to
the
provisions
of the
applicable
act and
that
requisite
fees are
paid. |
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iii. |
Returns Filing |
: Registered
entities are
to file
returns in
prescribed
forms &
schedules, and
RJSC upon
satisfaction
approves and
archives such
records. There
are two (2)
types of
returns,
viz., ‘Annual
Returns’ and
‘Returns for
any Change in
the Entity’ |
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iv. |
Issuance of certified copies |
: Anyone can
apply for
certified copy
of record(s) of
an entity. In
response to any
such application
and after
getting
requisite
payment, RJSC
issues certified
copy of the
historical
records of an
entity. Profit &
loss account is
however open to
only authorized
personnel of the
respective
entity. |
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v. |
Winding
up |
: A company
having
resolved to
or the court
makes an
order or
Memorandum &
Articles of
Association
provide so
for winding
up of the
company,
submits to
RJSC
documents of
winding up
procedures
and
dissolution. |
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vi. |
Struck
Off |
: RJSC
strikes off the Register a company’s name if it is not in
operation any more. |