Bdbusinessdaily.com – Businesses push for dormant company cleanup and stronger auditor protections as Bangladesh’s corporate-law reform enters a critical consultation phase. On 7 September, a high-level session at the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) headquarters in Motijheel, Dhaka, brought together industry associations, regulators, stock-exchange officials, and audit-firm representatives to examine the draft third amendment (2026) to the Companies Act, 1994. FBCCI Administrator Md Fazlul Haque chaired the meeting, which centred on reforms intended to streamline corporate administration while reinforcing governance guardrails long contested in the country’s capital markets.

The most urgent issue on the agenda concerned the sheer volume of registered entities that no longer conduct commercial activity. Md Yasin Miah, a member of the Institute of Chartered Accounts of Bangladesh (ICAB), highlighted a stark statistical gap: roughly 3,00,000 companies remain on the registrar’s rolls, yet only between 57,000 and 58,000 have undergone an audit since…