November 29, 2021, 6:18 am


Staff Correspondent

Published:
2021-09-30 16:03:57 BdST

HC requires Evaly documents by Oct 12 to form board of directors


The High Court has asked for documents about embattled ecommerce company Evaly Ltd with a view to forming new board of directors to run it properly.

A single bench comprising Justice Muhammad Khurshid Alam Sarkar passed the order on Thursday following an application filed by an Evaly customer.

Md Farhad Hossen, an aggrieved customer, filed the petition seeking the necessary directives to wind up the company and fix the issue.

The HC directed the Registrar of the Joint Stock Companies and Firms to submit relevant documents on October 12. The court fixed October 12 for further orders on the issue.

Sayed Mahsib Hossain, counsel for the petitioner, said the HC requires documents as his client prayed for formation of a board of directors until its winding up.

However, the previous order of the High Court restraining sale and transfer of Evaly's assets will remain in force, he lawyer said.

Md Farhad wanted to buy a washing machine from Evaly in May and made advance payment through bKash and Nagad.

Evaly neither delivered the product nor refund money despite expiry of four months into the payment.

Mohammad Rassel, CEO of Evaly, and Shamima Nasrin, his wife and chairman of the company, were arrested on September 16 over a case filed with Dhanmondi Police Station in the capital.

The company bosses invited the case by not delivering products to a customer who paid Tk 3,10,000 in advance.

During interrogation, the duo admitted to have drawn salaries Tk 10 lakh per month stopping payments to many employees, police said.

Evaly resorted to “go-slow” policy as the government took step to regulate digital marketplaces.

The Anti-Corruption Commission (ACC) also started an investigation into alleged misappropriation of Tk 3.38 billion of customers and merchants by Evaly.

Earlier, on July 15, the court issued a travel ban on the Evaly couple following a petition filed by the ACC.

Unauthorized use or reproduction of The Finance Today content for commercial purposes is strictly prohibited.


Popular Article from Crime & Corruption