BSS

November 11, 2024, 4:20 p.m

Last modified: November 11, 2024, 4:24 p.m

The Appellate Division of the Supreme Court (SC) today set down its order on a civil petition filed on behalf of Beximco Pharmaceuticals Ltd challenging the High Court’s order to appoint a receiver to run the functions of the Beximco Group of Companies.

“Tomorrow for order,” said the three-judge apex court headed by Justice Ashfaqul Islam.

Senior advocate Masood R Sobhan took part in the hearing on a writ petition filed in this regard, while advocate Fida M Kamal and advocate Mostafizur Rahman Khan argued for Beximco. Mr. Moniruzzaman’s lawyer represented Bangladesh Bank.

On September 5, the High Court ordered the appointment of a receiver to manage the functions of the Beximco Group of Companies.