Evaly’s 50% shares can be handed over to relatives of Rassel, Shamima: HC

The High Court (HC) on Thursday ordered Evaly’s current management committee to hand over 50 percent shares of the company to the relatives of its arrested former CEO, Mohammad Rassel, and Chairman Shamima Nasrin.

A single bench of the HC Justice Muhammad Khurshid Alam Sarkar passed the order after hearing on a petition filed by Rassel’s father-in-law and his brother-in-law for the shares to be handed over to them.

However, the HC bench said that the relatives of Rassel, who would receive the shares from the company following this directive, could not hand over to any persons without taking permission from the court in the future.

The HC bench also directed the DIG (prison) to assist the arrested Rassel and his wife to complete the handover process smoothly.

These orders will allow Rassel and Shamima’s relatives to be engaged in the process of restructuring, managing and resolving existing issues of Evaly, lawyer concerned opined.

At the same time, the HC bench also summoned Sheikh Salauddin, the building owner from where the e-commerce company runs its business, to appear before the HC on February 24.

Rassel and Shamima were arrested last September in a case filed over allegations of embezzling the money of customers. Later on October 18, the High Court formed a five-member committee to run the e-commerce platform.

According to the new HC directive, Shamima and Rassel will be able to complete the handover of shares from inside the jail.

Barrister Morshed Ahmed Khan represented the HC appointed Evaly panel on the day, while Barrister Syed Mahsib Hossain stood for the litigant in court.