The online shopping platform Evaly, which has been in news in the recent past for alleged irregularities even as its owners have been arrested by the police as well on charges of fraud, is now, reportedly, planning to sell its assets to stay afloat.
Media reports maintained this citing the court-appointed Chairman of the e-commerce platform, according to whom Evaly will sell the luxury car belonging to its former Managing Director Mohammad Rassel along with other assets to try continue operating in the market.
For information, former Managing Director Mohammad Rassel and his wife Shamima Nasrin were arrested on 16 September 2021 on charges of fraud even as on 22 September, the High Court imposed a ban on sale and transfer of Evaly’s assets after it was moved for liquidation of the assets.
Subsequently, the court appointed a board, headed by Justice Shamsuddin, to the firm.
Meanwhile, Justice AHM Shamsuddin Choudhury, who was appointed head of Evaly’s board of directors in by the High Court in October 2021, reportedly, underlined they were happy with the court order ending ban on sale or transfer of Evaly’s assets, adding, “…this is showing some light for the future…”
He further added the board will try to refund the customers whose products were not delivered, and the sellers who were not paid.
It will take time…., he claimed.
