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SC order on Beximco pharma's plea against receiver appointment tomorrow

SC order on Beximco pharma's plea against receiver appointment tomorrow

Court Correspondent

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

"Tomorrow for order," said the three-member apex court bench headed by Justice Md Ashfaqul Islam.

Senior advocate Masood R Sobhan took part in the hearing for a writ petition filed in this regard, while Advocate Fida M Kamal and Barrister Mostafizur Rahman Khan argued for Beximco. Advocate Md Moniruzzaman stood for Bangladesh Bank.

The High Court on September 5 ordered to appoint a receiver to conduct the functions of the Beximco Group of Companies.

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