HC to form 4-member interim board for Evaly

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Staff Reporter :
The High Court is likely to form a four-member body to oversee controversial e-commerce platform Evaly’s company affairs, management and business.
A chartered accountant, a lawyer, a secretary and a former judge will be in the body. The court has already asked the commerce ministry to propose names of three secretaries as one of them will be in the four-member body.
The High Court bench of Justice Muhammad Khurshid Alam Sarkar will pass order on
Wednesday over the issue, said concerned lawyers.
Following a petition filed under the Companies Act-1994, the same High Court bench on Sep 22 directed the authorities concerned not to sell, transfer or dispose of the assets of Evaly Limited until the disposal of the case filed with it.
Evaly, Registrar of Joint Stock of Companies and Firms, Bangladesh Financial Intelligence Unit, Consumer Rights Protection Bureau, Nagad, bKash, Bangladesh Competition Commission, e-Commerce Association of Bangladesh, Bangladesh Association of Software and Information Services, Bangladesh Bank and commerce secretary were asked to comply with the order.
And on September 30 the bench called for all records of the Evaly Limited. The Registrar of the Joint Stock of Companies and Firms was directed to send the entire records of the company on October 12 this year to this court.
Complying with the High Court order, the Registrar of the Joint Stock of Companies and Firms sent all records of the Evaly on October 11 which was placed in the court on Tuesday.

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