The High Court today formed a five-member board to manage, control and assess the liabilities of e-commerce platform Evaly.

Former justice Shamsuddin Chowdhury Manik will lead the board. Other members of the board are former secretaries Mohammad Rezaul Ahsan and Mahbubul Karim, chartered accountant Fakhruddin Ahmed and lawyer Barrister Khan Mohammad Shamim Aziz.

The single company HC bench of Justice Muhammad Khurshid Alam Sarkar passed the interim order following a petition, seeking liquidation of the company.

Syed Mahsib Hossain, counsel of the petitioner, said the High Court has constituted a board for Evaly's management. The board has been asked to submit a report on the company on the next due date, he said.

On October 12, Justice Muhammad Khurshid Alam suggested the formation of an interim board to manage the controversial e-commerce platform.

A handful of cases have been filed against Evaly CEO Mohammad Rassel, and his wife Shamima Nasrin, chairman of the company, on allegations of embezzlement and cheque fraud.

The couple was arrested on September 16.