Practical corporate advice from Supreme Court practitioners. Always consult legal counsel before signing founder equity schedules, RJSC filings, or commercial agreements.
Town Improvement Act 1953 Many unregistered or rogue developers operate in Bangladesh’s real estate market, selling apartments without proper permissions or legal approvals. Such practices violate laws including the and municipal building regulations.
Buying from these developers exposes buyers to risks like incomplete projects, illegal construction, or non-registration of property titles. The consequences can be severe, including loss of investment or legal battles.
Registrar of Joint Stock Companies and Firms (RJSC) Prospective buyers should check whether the developer company is registered with the and holds valid trade licenses. It is also important to verify if the project has RAJUK or city corporation approval.
Consulting an experienced real estate lawyer to conduct due diligence before purchase can help identify red flags and protect your investment.
