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HC bans sale, transfer of Evaly’s property


Published : 22 Sep 2021 10:09 PM | Updated : 23 Sep 2021 01:56 PM

The High Court on Wednesday ordered a ban on the sale and transfer of movable and immovable property of controversial e-commerce platform, Evaly

The HC company bench of Justice Muhammad Khurshid Alam Sarkar passed the order after the hearing of an application by customer Farhad Hossain seeking the dissolution of the beleaguered company.

Barrister AM Masum and Barrister Syed Mahsib Hossain presented arguments in favour of the applicant.

After the hearing Syed Mahsib told reporters that custyomer Farhad ordered electronics products from Evaly in May and paid advance. The company provided him a payment receipt as well but he didn’t receive the products.

Eventually, when Farhad did neither get his money back nor the products he approached the court asking for disbandment of Evaly, he  said.

Syed Mahsib further said that besides directing not to sell or transfer the movable and immovable property of Evaly the court issued a notice asking why Evaly will not be terminated.

Defendants have been asked to respond within September 30, the next date set for further hearing.

Evaly Limited, Registrar Joint Stock Companies and Firms, Bangladesh Financial Intelligence Unit, Consumer Rights Protection Bureau, Nagad, Bkash, Bangladesh Competition Commission, E-Cab Association of Bangladesh, BASIS, Bangladesh Bank and Commerce Secretary have been asked to reply to the notice.

Evaly CEO Mohammad Rassel and his wife Shamima Nasrin, the chairman of the platform were arrested on September 16, after a customer named Arif Baker filed a case at Gulshan Police Station alleging that e-commerce platform was not delivering product despite taking advanced payments.