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Case information
| Court | Supreme Court of Bangladesh — High Court Division |
|---|---|
| Case reference | Company Matter 465/2026 |
| Case-reference year | 2026 |
| Case type | Company Matter |
| Court website upload date | 23-JUL-26 |
The case-reference year is not the judgment year. The court website upload date is not a judgment date.
Official index description
Source: Supreme Court official index.
This Court, therefore, holds that for the purpose of maintaining an application under section 233 of the Companies Act, 1994, the qualifying requirement prescribed in section 195(a) must be satisfied by the applicants in their own capacity as registered members of the company. Shares standing in the name of a separate corporate entity cannot be treated as the shareholding of its individual shareholders. An indirect or derivative economic interest arising through shareholding in a corporate shareholder does not confer membership within the meaning of the Companies Act and cannot be reckoned towards the statutory threshold under section 195(a).