Commission Chairman ABM Khairul Haque, a former chief justice, briefed President Md Abdul Hamid of the draft law on Tuesday, the latter’s Press Secretary Joynal Abedin said.
The demand for such a law had become increasingly strident after BNP chief Khaleda Zia last year expressed doubts on the actual number of Liberation War martyrs.
Justice Haque had later said they would formulate a law to prevent distortion of history.
Law Minister Anisul Huq then said the government would consider it once the law was recommended.
A delegation of the commission submitted their annual report for 2015 to the president during the call on at the Bangabhaban, Abedin said.
He told reporters that Justice Haque had informed the president of the aspects of their report, causes of complications in court cases, and solutions and opinions recommended by the commission to deal with them.
on his part asked the Law Commission to take initiatives to formulate time-befitting laws and update the old ones.