Wednesday, 20 October, 2021

HC imposes ban on sale, transfer of Evaly properties

  • Staff Correspondent
  • 23 September, 2021 12:00 AM
  • Print news

The High Court has imposed a ban on sale and transfer of properties of embattled e-commerce company Evaly which is liable to return money to many customers and pay dues to employees.

A bench comprising Justice Muhammad Khurshid Alam Sarkar passed the order on Wednesday following a writ petition filed by an aggrieved customer.

Md Farhan Hossen, an aggrieved customer, filed the writ petition with the High Court, seeking a ban on sale and transfer of assets of Evaly.

The HC issued a rule asking Evaly, Bangladesh Bank, Joint Stock Company and nine others to explain why the company shall not be recast with a new board of directors.

Evaly has come to the fore by offering cars, motorcycles and other products at the abnormally lower prices. It used to take money from aspirant buyers in advance and used such money for other business purposes prolonging delivery of the products.

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.

In the HC, advocates AM Masum and Syed Mahsib Hossain appeared for the petitioner.