Dhaka, June 15 -- The High Court appointed Board of Directors of the controversial e-commerce platform Evaly Limited is not cooperating with its former chairman Shamima Narsin in properly transferring her 50 per cent shares in favour of two relatives.

In absence of proper mutation of the share transfer by the Board, the said transfer of the shares cannot be registered by the Registrar of Joint Stock Companies. In this circumstance, Shamima and her two relatives sought High Court interference regarding the issue.

In an application submitted on June 7 this year they prayed to the court to pass an order of direction upon the Board of the Evaly Limited to execute the mutation of the transfer of 0.3 million shares by Shamima in favor of her ...