Dhaka, Sept. 5 -- The High Court has issued a rule questioning the legality of certain provisions in the Bank Resolution Ordinance-2025 concerning bank mergers.
A bench of Justice Md Habibul Gani and Justice Sk Tahsin Ali passed the order on Thursday after holding a primary hearing on a writ petition.
The petition was lodged by several secondary shareholders of Islami Bank, First Security Islami Bank, Global Islami Bank, Union Bank, and Social Islami Bank.
Senior Advocate Asanul Karim and Barrister Mustafizur Rahman stood for the petitioners, while Barrister Arshadur Rouf appeared on behalf of Bangladesh Bank.
Speaking to reporters, Barrister Mostafizur Rahman said the court issued a rule asking the government to explain why Sections ...
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