Sangsad Bhaban, Sept. 3 -- The government has moved to scrap the controversial Section 18(a) of the Bank Resolution Act, which has drawn criticism for potentially allowing former shareholders of banks to regain ownership of shares, assets and liabilities.

Finance Minister Amir Khosru Mahmud Chowdhury placed the Bank Resolution (Amendment) Bill, 2026 in Parliament on Thursday.

The bill was subsequently sent to the Parliamentary Standing Committee on the Ministry of Finance for scrutiny and submission of its report within two working days.

According to the bill, Section 18(a) of the Bank Resolution Act will be repealed.

The provision was not included in the Bank Resolution Ordinance issued by the interim government. It was later incorpo...