DHAKA: The High Court on Thursday (Dec 7) stayed the Bangladesh Bank order to remove the managing director of NRB Commercial Bank Dewan Mujibur Rahman.
AN HC bench comprising Justice Sayed Dastagir Hossain and Justice Md Ataur Rahman passed order with rule following a writ petition challenging the legality of BB order.
Barristar Rokonuddin Ahmed moved for the petition while Deputy Attorney General Amit Talukdar moved for the state in court.
Earlier on Dec 5, Bangladesh Bank removed the NRB Commercial Bank MD Dewan Mujibur Rahman under the power vested by section 46(1) of Bank Company Act.
Later he filed a writ challenging the legality of that order.
BDST: 2000 HRS, DEC 7, 2017