Biz-Econ

HC orders to appoint receiver to run Beximco Group

The High Court has ordered to appoint a receiver to conduct the functions of the Beximco Group of Companies.

The bench of Justice AKM Asaduzzaman and Justice Muhammad Mahbub Ul Islam gave the order along with rule after a hearing on September 5 in this regard.

The copy of that order, which was published on Thursday, contains the issues of the appointment of a receiver and the attachment of all assets of the Beximco Group of Companies.

Advocate Masud R Sobhan moved the writ in the court and Deputy Attorney General Redwan Ahmed Runjib was on behalf of the state.

Source: BSS