Today's Commerce

The High Court-appointed five-member Board of Directors (BoD) of the controversial e-commerce platform Evaly Limited headed by Justice Shamsuddin Chowdhury Manik has resigned. They have already submitted an application regarding the issue to the High Court on Wednesday, said their lawyer Barrister Morshed Ahmed Khan.

Meanwhile, a new five-member Board of Directors has already been formed to run the company. The new board included former Chairman of the Evaly Shamima Nasrin, Shamima’s mother Farida Talukder Lily and her sister’s husband Md Mamunur Rashid as per the direction of the High Court.

It has also included a representative from the Ministry of Commerce and a representative appointed by the e-commerce Association of Bangladesh (e-CAB).
© The Financial Express Bangladesh