Yes, if it meets the normal requirements of a contract under the Contract Act 1872: agreement on definite terms, parties with capacity and authority, lawful consideration and a lawful object. A signed mediated settlement can be enforced by a suit for breach or specific performance. Recorded as a compromise in court proceedings, it can lead to an executable decree. A settlement reached in arbitration can be recorded as an award on agreed terms. The weakness of a pure contract is that enforcement may require new proceedings, so we often recommend an additional layer of protection, such as security.

Bangladesh signed the Singapore Convention in 2019. Direct enforcement under the Convention requires that it is in force for the relevant state and given effect in its domestic law, and the position in Bangladesh must be checked at the time. If the Convention cannot be relied on here, enforcement in Bangladesh usually depends on contract law, a compromise decree or a consent award. The Convention may still be useful if the counterparty has assets in a state where it is in force. We assess the likely enforcement countries and draft the agreement to work under each available route.

A settlement agreement is a contract. If one party breaks it, the other must normally sue on it, which takes time. A consent award, or award on agreed terms, is made by an arbitral tribunal recording the parties' settlement, and it has the status of an arbitral award. That means it can be enforced through the courts under the Arbitration Act 2001 and, abroad, under the New York Convention, subject to the usual grounds. A consent award is generally available only where a tribunal has been constituted, so the choice should be planned before the mediated settlement is finalised.

A director or officer authorised under the company's articles and a valid board resolution, or an attorney acting under a properly executed power of attorney. For large settlements or those involving related parties, shareholder approval may also be required. State-owned enterprises and government bodies often need approval from a ministry or board before they can commit, and failure to obtain it can be raised later to resist the agreement. We review the constitutional documents and approval trail on both sides, so that the mediated settlement cannot easily be challenged on grounds of authority after the event, even years later.

Usually, but they must be made through an authorised dealer bank in compliance with Bangladesh Bank foreign exchange rules, with supporting documents explaining the payment. Some payments may need specific approval, depending on their nature and the parties' status. Tax may also need to be withheld, depending on how the payment is characterised, and the Finance Act 2026 reduced withholding on interest paid to non-residents to 10 percent. We build the payment mechanics into the mediated settlement, including timing, documentation and consequences of delay, so that a bank's queries do not become a ground for default or delay.

It should state clearly which proceedings will be withdrawn, compromised or stayed, by whom and when, and what happens if the court does not permit withdrawal. Criminal complaints raise particular issues, because some offences can be compounded while others cannot, and a private agreement cannot always end a prosecution. Pending arbitrations should be terminated or converted into a consent award. Bank guarantee claims, regulatory complaints and enforcement steps also need attention. We map every related case before drafting, so that the mediated settlement brings the whole dispute to an end rather than only part of it, leaving no loose ends.

Largely, if the parties agree clear confidentiality terms in writing and the mediation rules support them, though there are limits. A settlement may need to be disclosed to auditors, lenders, insurers, regulators or a court if enforcement is required, and listed companies may have disclosure obligations. Converting the settlement into a court decree may place its terms on the record. We draft confidentiality clauses that protect sensitive terms while allowing the disclosures the parties will genuinely need to make, and advise on what can be kept out of any public document, such as payment figures, discounts or ongoing commercial arrangements.

That depends on how the settlement was structured. A well-drafted agreement will specify default remedies, such as accelerated payment, interest, reinstatement of the original claims or recourse to security. A consent award or compromise decree can be enforced directly through the courts, while a pure contract may require a new suit. Where the counterparty's assets are abroad, enforcement steps may be needed in another jurisdiction. We act quickly on default, serve the required notices and pursue the most efficient enforcement route, working with foreign counsel where necessary to protect the full value of the mediated settlement.