Evaly to come back!

The High Court on February 7 issued a notice to freeze the bank accounts of Evaly’s Managing Director and Chief Executive Officer (CEO) Mohammad Rassel, and his wife company chairman Shamima Nasrin, and their relatives. 

The High Court bench of Justice Muhammad Khurshid Alam Sarkar passed the order after hearing a petition filed by the court-appointed Evaly's board of directors. 

On that day, the court issued the notice seeking explanations as to why the concerned authorities should not be directed to freeze all the bank accounts in two weeks. 

In this context, the family of Russell applied to transfer the company's shares in the name of his father-in-law and mother-in-law. 

The court allowed the transfer of 50 percent of Evaly's shares to three members of Russell's family. They are Russell's father-in-law Rafiqul Alam Talukder, mother-in-law Farida Talukder and Brother-in-law Mamunur Rashid. 

The High Court also directed the court-appointed Board of Directors of the controversial e-commerce company Evaly Limited to extend all kinds of cooperation. 

Russell's father-in-law and mother-in-law appeared before the court on Tuesday (February 15). They told the court they have been working to rehabilitate Evaly. They want to take steps to return money and products to those who will get these from Evaly.  

The High Court bench of Justice Muhammad Khurshid Alam Sarkar passed the order on Thursday (February 18th). Earlier, a hearing was held in this regard on Tuesday (February 15). 

The order paves the way for the resumption of Evaly. The people concerned thought that the customers of Evaly are going to get good news.