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HC grants petitions for winding up Dinkal Ltd


Posted on Wednesday, August 29th, 2007 at 1:58 am
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Staying proceedings of the case against BNP Chairperson and former prime minister Khaleda Zia and others, the High Court yesterday granted two petitions for winding up Dinkal Publications Limited.

“The stay will continue until further order,” says the court order stalling the trial proceedings of the Dinkal case pending with the Chief Metropolitan Magistrate’s Court, Dhaka.

Delivering the judgment following two separate petitions filed by two directors for the company that publishes the Bangla daily, Dinkal, Justice Syed Refaat Ahmed also ordered the authorities to appoint in 60 days an official liquidator for the company.

The High Court asked all the directors of the company to donate altogether Tk 5 lakh to the Chief Adviser’s Relief and Welfare Fund for the flood victims and Tk 1 lakh to the Supreme Court Employees’ Welfare Trust.

On June 12, Khaleda Zia, her elder son Tarique Rahman and 12 other BNP leaders, who are all directors of the Dinkal Publications Limited, were sued for not submitting service return since its formation in 1999.

Abdul Mannan, deputy registrar of the Joint Stock Companies, filed the case under section 36(5) of the Companies Act 1994 with the CMM Court.

Court sources said the complainant alleged that the political big shots were the directors of the company registered with the Registrar of Joint Stock Companies in 1999. But, he alleged, they “haven’t submitted service return since its formation.

TH Khan, assisted by Afzal H Khan, Barrister Nawshad Zamir, Barrister Nasiruddin Ashim and Barrister Fatema Anwar, appeared for the company.

Following the High Court judgment, Shamsur Rahman Shimul Biswas, managing editor of the daily Dinkal, in a statement said there is no nexus between the defunct company and the daily Dinkal newspaper. “Regular publication of the newspaper will continue,” he said.

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This entry was posted on Wednesday, August 29th, 2007 at 1:58 am and is filed under Bangla, Bangladesh, Bangladesh News, Bangladesh Politics, Daily Bangladesh News, News, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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One Response to “HC grants petitions for winding up Dinkal Ltd”

  1. 1
    m. sohra Says:

    Bangla Daily Dinkal has been in the Market since 1999! My question is ; #1= Why NBR did not take any
    step? # 2= Why AWAMI LEAGUE Government kept mum?
    INTERSTING!!!!!!!!!!!. May be I am missing something hare!

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