LEGAL AND REGULATORY COMPLIANCE
With outstanding expertise and extensive experience, FCH boasts to be the best when it is about bank in litigations. It has represented and defended over 20+ Banks and Non-Banking Financial Institutions (NBFIs) in banking litigation providing swift, worth for money and conclusive resolutions, and comprehensive Legal backup to help them run their businesses smoothly.
Bangladesh Banking landscape has become more complex and competitive, with more banking sector frauds, cheatings and defaulting. Our non-contentious Banking Litigation team has specialist expertise in the key methods of protection and recovery in the following sectors:
Litigations under the Negotiable Instruments Act,1881 (NI Act): Litigations for dishonored/bounced cheques.
Litigations under Money Loan Court Act, 2003 (Artha Rin Adalat Ain): To cope with the defaulter situation of bulk loan being defaulted without refunding or payback, Artha Rin Adalat Ain 2003 has been enacted for speedy and expeditious disposal of money suits filed by the banks and NBFIs.
FCH is one of the topmost law firms in Bangladesh in dealing with the Artha Rin suits. It has successfully recovered huge amount of defaulted loans for the banks and NBFIs by employing sophisticated investigative and legal tactics.
Litigations against fraud, forgery under provisions of Penal Code, 1860:
▪ Cheating (Sections 415-410)
▪ Fraudulent Deeds and Deposition of Property (Sections 421-424)
▪ Loss of property of Banking Company (Sections 462A & 462B)
▪ Offence relating to documents and to trade or property marks (Sections 463-489)
▪ Offence relating to currency note and bank–note (Sections 489A-489E).
FCH gives every possible protection to the Bankers against opportunist fraudsters and forgers.