Published: 12:20 AM, 06 September 2026
Ex-shareholders can't regain control of troubled banks: Committee
The Parliamentary Standing Committee on Finance has agreed to repeal the clause in the Bank Resolution Act that allows previous shareholders of troubled banks to regain control of shares, assets and liabilities of the bank, subject to certain conditions.
The bill was discussed at a meeting of the committee in the parliament on Saturday, a statement from the Parliament Secretariat said, bdnews24 reports.
The notification said that after thorough scrutiny and review, the Bank Resolution (Amendment) Bill, 2026 has been recommended for passage in the parliament in an amended form.
The bill was tabled in parliament for passage on Thursday.
