About LegalBD | Commercial Legal Services, Senior Advocacy & Practice Leadership

With over 17 years of experience spanning corporate, banking, securities, fintech, and dispute resolution, Liton leads LegalBD's content architecture and strategic direction. His background includes top-tier firm practice, multinational banking counsel, and pro bono leadership as Founder & President of the Law of…

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At a glance

Executive summary

With over 17 years of experience spanning corporate, banking, securities, fintech, and dispute resolution, Liton leads LegalBD's content architecture and strategic direction. His background includes top-tier firm practice, multinational banking counsel, and pro bono leadership as Founder & President of the Law of…

Practice area corporate rjsc
Reading time About 10 min
Latest date Review pending
Institutional Authority & Statutory Insight: Senior counsel leadership across the Supreme Court Appellate Division, RJSC regulatory compliance, and transactional tax advisory for enterprises navigating Bangladesh's commercial framework.
Liton Asaduzzaman Sarkar, Founder and Main Contributor

Liton Asaduzzaman Sarkar

Founder & Main Contributor
Barrister-at-Law (Lincoln's Inn) Advocate, Supreme Court LL.M. Northumbria (UK)

With over 17 years of experience spanning corporate, banking, securities, fintech, and dispute resolution, Liton leads LegalBD's content architecture and strategic direction. His background includes top-tier firm practice, multinational banking counsel, and pro bono leadership as Founder & President of the Law of Women Foundation.

Key Expertise: Corporate Governance, BSEC Regulations, Banking Operations, Commercial Restructuring & FinTech.
A.K.M. Badruddoza, Senior Counsel and Partner

A.K.M. Badruddoza

Senior Counsel & Partner
Senior Advocate (Appellate Div.) SCBA Member Since 1990 Author, Company Law

Designated Senior Advocate of the Appellate Division with over 40 years of standing. Author of the authoritative treatise Company Law: Theory and Practice and longest-serving legal consultant to the RJSC. Has advised over 100 corporate institutions, ministries, and major commercial banks including Agrani, Janata, Pubali, and City Bank.

Key Expertise: RJSC Matters, Mergers & Acquisitions, Appellate & Writ Litigation, Constitutional Law, Banking Corporate Advisory.
Md Fazlul Haque Limon, Managing Partner

Md Fazlul Haque Limon

Managing Partner (Term to June 2027)
Barrister-at-Law Advocate, Supreme Court LL.B. Derby (UK) / LL.M. BUP

Commercially minded corporate and tax specialist leading LegalBD's day-to-day operations. Member of the Supreme Court Bar, Dhaka Bar, and Dhaka Taxes Bar Association. Focuses on cross-border business structuring, direct income tax advisory, VAT compliance, and transactional implementation.

Key Expertise: Income Tax Act 2023, VAT & SD Act 2012, Day-to-day Corporate Advisory, NBR Appellate Proceedings.

Core Practice Areas & Statutory Competence Matrix

Our advisory is grounded in direct statutory authorities and administrative forums across Bangladesh:

Practice Discipline Senior Supervisory Oversight Primary Statutory Regimes Regulatory & Judicial Forums
Corporate, RJSC & Restructuring A.K.M. Badruddoza (Senior Counsel) Companies Act 1994, Partnership Act 1932 RJSC, Company Bench (High Court Division)
Commercial, Banking & Securities Liton Asaduzzaman Sarkar (Founder) Bank Company Act 1991, Securities & Exchange Ord. 1969 Bangladesh Bank, BSEC, Money Loan Courts (Artha Rin)
Direct & Indirect Taxation (VAT) Md Fazlul Haque Limon (Managing Partner) Income Tax Act 2023, Value Added Tax & SD Act 2012 National Board of Revenue (NBR), Taxes Appellate Tribunal
Constitutional & Appellate Advocacy A.K.M. Badruddoza (Senior Advocate) Constitution of Bangladesh (Art. 102), Code of Civil Procedure 1908 Supreme Court of Bangladesh (Appellate & High Court Div.)
FDI, BIDA & Forex Regulation Liton Asaduzzaman Sarkar (Founder) Foreign Private Investment Act 1980, FERA 1947 BIDA One-Stop Service, Bangladesh Bank FEPD

The LegalBD Advisory & Execution Lifecycle

How our partners structure, de-risk, and execute complex legal mandates:

1 Diagnostic Scoping Comprehensive intake & legal risk diagnosis evaluating cross-regulatory exposure & priorities. 2 Statutory Mapping Senior counsel mapping under RJSC, NBR, BSEC, BIDA and Supreme Court precedential doctrines. 3 Bespoke Structuring Transactional drafting, tax & VAT optimization, commercial agreements & governance architecture. 4 Execution & Defense Regulatory liaison, licensing procurement, ADR & High Court writ / appellate advocacy.

Executive Overview: Bridging Statutory Rigour with Commercial Action

LegalBD was conceived on a singular institutional premise: that the modern Bangladeshi legal market — increasingly shaped by foreign direct investment, cross-border banking, digitized securities regulation, and an evolving fiscal architecture — demands counsel that is simultaneously erudite in statute and fluent in commercial urgency. We are not a generalist law directory, nor a transactional intermediary. We are a curated advisory chamber comprising Senior Advocates of the Appellate Division, Barristers-at-Law, and subject-matter specialists who collectively command over six decades of combined standing at the Bar of Bangladesh.

Our founding philosophy rejects the false choice between doctrinal precision and business pragmatism. Every opinion issued under the LegalBD name is cross-examined against three tests: Is it statutorily defensible before the Supreme Court of Bangladesh and its subordinate fora? Is it executable within the operative timelines of the Registrar of Joint Stock Companies and Firms (RJSC), the Bangladesh Investment Development Authority (BIDA), the Bangladesh Securities and Exchange Commission (BSEC), and the National Board of Revenue (NBR)? And does it advance the commercial objective of the client — whether that client is a multinational board contemplating market entry, a domestic conglomerate restructuring its capital, or a private citizen seeking justice?

This treatise sets out, in full, the institutional architecture of LegalBD: our leadership, our practice verticals, our engagement methodology, and our enduring commitment to pro bono justice through the Law of Women Foundation.


Leadership & Senior Counsel

Liton Asaduzzaman Sarkar — Founder & Main Contributor

Liton Asaduzzaman Sarkar is the Founder and Main Contributor of LegalBD, and the architect of its editorial and advisory philosophy. Called to the Bar of England and Wales at Lincoln's Inn in 2008 and enrolled as an Advocate of the Supreme Court of Bangladesh, he holds an LL.M. in Company Law from Northumbria University, United Kingdom (awarded with Commendation), an LL.B. (Honours) from the University of Wolverhampton, United Kingdom, and a Post-Graduate Diploma in Capital Market (PGDCM) from the Bangladesh Institute of Capital Market (BICM).

Over more than 17 years of independent practice at the Bar, Mr. Sarkar has built a distinguished record spanning corporate and commercial law, banking transactions, fintech regulatory structuring, securities compliance, corporate governance advisory, and both litigious and non-litigious dispute resolution. His grounding in company law theory — sharpened through postgraduate research at Northumbria — is matched by an unusually rigorous command of capital market mechanics acquired through his BICM diploma, positioning him among a select cohort of Bangladeshi practitioners equally conversant in statutory doctrine and market infrastructure.

His professional trajectory has included substantial engagement with multinational banking institutions, where he developed a granular, practitioner's understanding of cross-border regulatory compliance, treasury operations, and the intersection of banking law with emerging financial technology — an understanding he now channels into LegalBD's advisory work for fintech innovators, banking institutions, and regulated financial entities navigating Bangladesh Bank and BSEC compliance regimes.

Beyond commercial practice, Mr. Sarkar is the Founder and President of the Law of Women Foundation (LoW), a pro bono gender justice initiative he established in 2013 and has led continuously since, providing free legal aid, advocacy, and awareness programming for women navigating Bangladesh's family, property, and criminal justice systems. This sustained commitment to access-to-justice reform stands as a defining pillar of his professional identity and of LegalBD's institutional conscience.

As Main Contributor to LegalBD, Mr. Sarkar sets the editorial and doctrinal standard against which all firm output — legal opinions, client advisories, and public legal education content — is measured.


A.K.M. Badruddoza — Senior Advocate, Appellate Division

A.K.M. Badruddoza is among the most senior and institutionally embedded legal minds associated with LegalBD. Enrolled at the Bar in 1985 and a member of the Supreme Court Bar Association (SCBA) since 1990, he was formally designated as a Senior Advocate of the Appellate Division of the Supreme Court of Bangladesh in 2024 — the apex professional distinction conferred upon advocates of exceptional standing, learning, and experience. He is additionally a member of the Dhaka Taxes Bar since 1999, reflecting a parallel four-decade engagement with revenue and fiscal jurisprudence.

With over 40 years of continuous practice, Mr. Badruddoza is the author of "Company Law: Theory and Practice" (2020), widely regarded as a canonical reference work for practitioners, judges, and academics engaging with Bangladeshi corporate statute, and the author of approximately 50 additional legal publications spanning company law, taxation, and regulatory practice.

He holds the distinction of being the longest-serving legal consultant to the Registrar of Joint Stock Companies and Firms (RJSC), a position that has given him unrivalled institutional insight into the practical administration of company incorporation, compliance, amalgamation, and winding-up procedures in Bangladesh. He has further served as legal consultant to the Ministry of Commerce and the Ministry of Local Government, Rural Development and Cooperatives (LGRD), embedding his practice within the machinery of state regulatory policy.

His institutional client roster as Legal Advisor includes Agrani Bank Limited, Agrani Equity & Investment Limited, Janata Bank Limited, Pubali Bank Limited, The City Bank Limited, Jibon Bima Corporation, Bangladesh Muktijuddha Kallyan Trust, the National Housing Authority, and leading industrial groups including Newtex Group, Youth Group, Bio-Pharma, and Delta Pharma. This breadth of state-owned banking, insurance, housing authority, and private industrial mandates reflects a practice of rare institutional gravity, spanning both public sector regulatory bodies and blue-chip private enterprise.

Mr. Badruddoza's counsel to LegalBD's clients is characterized by an encyclopedic command of company law doctrine fused with decades of lived regulatory administration — a combination that renders his opinions on RJSC compliance, corporate restructuring, and banking governance matters of singular authority.


Md Fazlul Haque Limon — Managing Partner

Md Fazlul Haque Limon serves as Managing Partner of LegalBD, a term currently concluding in June 2027. A Barrister-at-Law and Advocate of the Supreme Court of Bangladesh, he holds an LL.B. (Honours) from the University of Derby, United Kingdom, and an LL.M. from the Bangladesh University of Professionals (BUP). He is an active member of the Supreme Court Bar Association (SCBA), the Dhaka Bar Association, and the Dhaka Taxes Bar.

Mr. Limon's practice is deliberately and rigorously focused on the operational core of Bangladeshi commercial compliance: Income Tax assessment and appeal, VAT compliance and dispute resolution, company structuring and secretarial governance, and the day-to-day corporate operations that determine whether a business entity remains in good regulatory standing. Where the Firm's Senior Advocates provide doctrinal and appellate authority, Mr. Limon provides the operational discipline and administrative continuity that allows corporate clients — domestic and foreign — to execute routine and complex compliance obligations without disruption to business tempo.

As Managing Partner, he oversees the Firm's day-to-day engagement management, client onboarding protocols, fee governance, and the coordination between LegalBD's Senior Counsel and its Associate Network, ensuring that the Firm's statutory rigour is matched by administrative reliability.


Multi-Disciplinary Associate Network & Subject-Matter Specialists

LegalBD's Senior Counsel are supported by a curated network of Associates and Subject-Matter Specialists engaged on a matter-specific basis to ensure that every mandate is resourced with practitioners possessing direct, current expertise — rather than generalist coverage. This network spans:

  • Corporate & Securities Associates — specialists in BSEC listing compliance, public issue documentation, and continuous disclosure obligations.
  • Banking & Finance Counsel — practitioners experienced in syndicated lending, security documentation, and Bangladesh Bank regulatory circulars.
  • Taxation & Revenue Specialists — advocates practicing before the Taxes Appellate Tribunal and Customs, Excise and VAT Appellate Tribunal.
  • Intellectual Property Counsel — registered agents and litigators handling trademark, patent, and copyright prosecution and enforcement before the Department of Patents, Designs and Trademarks (DPDT).
  • Real Estate & Land Title Specialists — practitioners conducting title verification, mutation review, and due diligence across Bangladesh's land registration architecture.
  • Labour & Industrial Relations Counsel — advisors on Bangladesh Labour Act compliance, industrial dispute resolution, and factory compliance audits.
  • Litigation & Writ Practitioners — advocates appearing before the High Court Division on constitutional writ petitions and before subordinate civil and criminal courts.

This tiered structure allows LegalBD to scale precisely to mandate complexity — deploying a single Associate for a routine RJSC filing, or a coordinated bench of Senior Advocates and specialists for a contested BSEC enforcement matter or an Appellate Division appeal.


Core Practice Pillars & Statutory Competence

1. Corporate & Commercial Law Incorporation, joint venture structuring, shareholder agreements, mergers and amalgamations, and governance advisory under the Companies Act, 1994 and RJSC regulatory practice.

2. Foreign Direct Investment (FDI) & BIDA One-Stop Service End-to-end investor advisory including BIDA registration, sectoral approval navigation, repatriation compliance, and structuring of foreign shareholding under the Foreign Exchange Regulation Act and prevailing Bangladesh Bank guidelines.

3. Banking & Securities (BSEC) Regulation Advisory on syndicated finance documentation, banking company compliance, capital market issuances, public offering documentation, and BSEC disclosure and enforcement matters.

4. Direct & Indirect Taxation (Income Tax & VAT) Corporate and individual income tax planning and assessment representation, VAT registration and compliance, and appellate representation before the Taxes Appellate Tribunal and Customs, Excise and VAT Appellate Tribunal.

5. Supreme Court Appellate & High Court Writ Practice Constitutional writ petitions, civil and criminal appellate advocacy before the High Court Division, and Appellate Division representation through our Senior Advocate leadership.

6. Commercial Contracts & Intellectual Property Drafting and negotiation of commercial agreements; trademark, patent, and copyright registration, portfolio management, and enforcement litigation.

7. Real Estate & Land Title Verification Comprehensive due diligence on land title chains, mutation records, and registration compliance for commercial and residential acquisition.

**8. Labour & Industrial Compli

Tailored Legal Counsel

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