The Appellate Division today (30 May) imposed a status-quo on the High Court rule which cleared the way for transferring Italian-Thai Development Public Company Limited (ITD)’s shares in Dhaka Elevated Expressway to China’s Sinohydro Corporation.
As a result, the work of the Dhaka Elevated Expressway will be stopped for the time being, said lawyers.
The Appellate Division has set 29 August for the next hearing in this regard.
