Dhaka, Sept. 5 -- The High Court (HC) has reconstituted the board of Envoy Textiles with a retired justice of the Supreme Court (SC) as its chairman.

The HC passed the order on August 25 following a case filed by the company's director and ex-managing director Abdus Salam Murshedy and his family, according to a disclosure posted on the website of Dhaka Stock Exchange (DSE) on Sunday.

Mr. Murshedy's family members are also the directors and shareholders of the company.

As per the HC's order, the reconstituted board will perform its duty for the interim period until the matter is finally disposed of, which is now pending for a hearing before the HC.

The HC made Justice Moyeenul Islam Chowdhury the chairman of the reconstituted board, wh...