Reliable Brokers
Online Investing
Alerts & Analysis
Easy Trading

High Court stays REHAB election

Update : 26 May 2014, 09:36 PM

The High Court yesterday stayed further proceedings of the election of the Real Estate and Housing Association of Bangladesh’s executive committee for three months.

The High Court bench of Justice Quazi Reza-Ul Hoque and Justice ABM Altaf Hossain passed the order in response to a writ petition filed by Prof Abu Yusuf Md Abdullah, chairman of Prashad Nirman Ltd, as his candidature was cancelled.

The election for the term 2014-16 was set to be held on May 31.

The bench asked why exclusion of Abdullah should not be declared arbitrary and illegal. The commerce secretary, the trade organisation director of the ministry, the FBCCI chairman, the chairman of REHAB’s election appeal board, the election board chairman and the REHAB president were asked to respond to the rule within four weeks. 

Top Brokers