High Court Bans Sale-Transfer of Evaly Property

The High Court has banned the sale and transfer of all types of Evaly’s assets. At the same time, the court issued a rule asking why Evaly would not be liquidated.

The single company bench of Justice Muhammad Khurshid Alam Sarkar passed the order on Wednesday (September 22nd).

Meanwhile, two Supreme Court lawyers, Barrister Mohammad Humayun Kabir Pallab and Mohammad Kawser, today filed a writ petition in the High Court seeking directions for a judicial inquiry into the fraud, embezzlement and money laundering of e-commerce companies. The writ petition seeks directions to refund the damaged customers.

The writ petition has named the Secretary of the Ministry of Commerce, Secretary of the Ministry of Finance, Secretary of the Ministry of Posts and Telecommunications, Secretary of the Ministry of Law, Justice and Parliamentary Affairs, Governor of Bangladesh Bank, Chairman of the National Board of Revenue, Director General of the National Consumer Rights Protection Directorate and Chairman of the Competition Commission.

On the other hand, a man named Md Mujahidur Rahman filed the case in the court of Dhaka Metropolitan Magistrate Devdas Chandra Adhikari against Evaly’s CEO Muhammad Russel and his wife Shamima Nasrin (chairman of the company).

Later, the court accepted the case and ordered Dhanmondi police station to accept it as a FIR.