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Ref: FVG/Termination Procedure Date: 24.03.2025
To
Fast Value Global (BD) Limited
Rupayan Battala, Zamgora, Zirabo,
Ashulia, Savar, Dhaka-1341
Ref: Termination Procedure of Manager, Executive Officer, Senior QC, QC, QC Assistant
and Direct Labor in accordance to Bangladesh Labor Act, 2006.
LEGAL OPINION
We have been instructed to give our opinion on :
Legal Procedure to terminate the employees holding the ranks of Manager, Executive
(Accounting & General Affairs), Senior QC, QC, QC Assistant and Direct Labor who joined
your company from 07.06.2020 to 16.07.2024 in accordance with the sections of the
Bangladesh Labor Act, 2006.
We are furnishing our opinion on the following documents, as provided by you to us :
a) E-mail dated 16.02.2025.
b) Bangladesh Labor Act, 2006.
Below is our opinion (categorically and very briefly):
We were only provided with the E-mail. However, we have made our observations after
perusing the E-mail and the sections of the Bangladesh Labor Act, 2006.
Case Scenario- [Manager, Executive (Accounting & General Affairs), Senior QC, QC,
QC Assistant and Direct Labor]-
1. According to the Section- 26 (1) (a) of the Bangladesh Labor Act, 2006 the employees
will receive benefit of 120 days or 4 month's basic salary for termination within
immediate effect. According to your information, the last basic salary of the employees
will be preferred before the termination in this regard.
2. The said employees will also receive termination benefit in accordance section-26 (4) of
the Bangladesh Labor Act, 2006 along with earn leave where the said employees had
been working in your company for last 1 year to 9 years.
3. The Company shall issue a simple termination letter to the employees by stating that the
service of the employees has been terminated with an immediate effect and the employees
have received all their salary and benefits from the company. Moreover, the Company
must not mention any reasons and grounds in the termination letter where the termination
letter would be very precise and short.
Annexure C
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4. The Company must ensure that the employees have received all their salaries and benefits
from the company with the signatures of the employees in the termination letters.
5. The employees shall receive the mentioned salary and service benefits from your
company according to the laws mentioned in the Bangladesh Labor Act, 2006 which is
given below-
Names 4 Months'
Notice Pay-
120 days/ 4
months (Basic
Salary X 4)
Termination
Benefit-
(Basic Salary X
Service Years)
Earn Leave-
As per Company's
Record-
(Gross X Days of
Earn Leave
divided by Thirty)
Calculation
and Amount
Tarikul
Hasan
Chowdhury
(68,400 X 4)
=2,73,600
(68,400 X 5 )
= 3 , 42 , 0 00
As per Company's
Record
BDT- 6 , 15 , 6 00
Md. Imam
Hossain
(25,800 X 4)
=1,03,200
(25,800 X 8 )
= 2 ,0 6 , 4 00
As per Company's
Record
BDT- 3 , 09 , 6 00
Md. Bahar (9557 X 4)
=38,228
(9557 X 9)
=86,013
As per Company's
Record
BDT-1,24,241
Monir
Hossein
(8647 X 4)
=34,588
(8647 X 8)
=69,176
As per Company's
Record
BDT-1,03,764
Billal
Hossain
(7882 X 4)
=31,528
(7882 X 8 )
= 63 , 056
As per Company's
Record
BDT- 94,584
MD. Monir
Hossen (2)
(7882 X 4)
=31,528
(7882 X 7)
=55,174
As per Company's
Record
BDT-86,702
MD. Salim (7882 X 4)
=31,528
(7882 X 7)
=55,174
As per Company's
Record
BDT-86,702
Md. Rafiul
Islam
(6,700 X 4)
=26,800
(6,700 X 1)
=6,700
N/A (Less than 1
year)
BDT-33,500
Md. Jamear (6,900 X 4)
=27,600
(6,900 X 1)
=6,900
N/A (Less than 1
year)
BDT-34,500
Total [Except-
Earn Leave]
BDT
1, 489 ,1 93
6. The employees named Md. Rafiul Islam and Md. Jamear will not receive any Earn Leave
as they have served under your company less than 1 year and in according to section 117
of Bangladesh Labor Act, 2006 the said employees will not receive any payment
regarding Earn Leave and other employees will receive Earn Leave which is mandatory
for your company to provide such Earn Leave by checking the records that the leaves
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taken by the said employees from your Company's Registry Book. Generally, the Earn
Leave is counted as-
Gross Salary X Days of Earn Leave
30
** For 1 year – No employee shall receive more than 40 Day's Earn Leave.
7. The Company will execute the abovementioned procedure under the Bangladesh Labor
Act, 2006 to terminate the said employee.
Apart from the above observations, the rest of the administrative decision will be taken from
your company.
Thanks for seeking our opinion. We would be glad to assist you in any other matter. Should
you have any further queries, please revert back to us.
Yours truly,