The High Court has ordered Grameen Kalyan, founded by former interim government Chief Adviser and Nobel laureate Muhammad Yunus, to pay 666 crore taka in taxes claimed by the National Board of Revenue (NBR).

A bench led by Justice Md Mozibur Rahman Miah delivered the verdict on Thursday.

Lawyers for Grameen Kalyan said they would appeal against the verdict.

Fida M Kamal, Sardar Jinnat Ali and Abdullah-Al-Mamun represented Grameen Kalyan in court.

The case concerns tax demands for the 2012-13, 2013-14, 2014-15, 2015-16 and 2016-17 tax years.

Grameen Kalyan, with Muhammad Yunus as its chairman, filed separate writ petitions in 2017 challenging the tax demands.

Following the initial hearing, the High Court issued rules in the cases.

After hearing the rules, the High Court delivered its judgment, against which the NBR filed separate leave-to-appeal petitions.

On 11 March, the Appellate Division of the Supreme Court disposed of the leave-to-appeal petitions and directed the High Court to hear the matter on its merits.

Following the hearing, a High Court bench comprising Justice Muhammad Khurshid Alam Sarkar and Justice SM Moniruzzaman dismissed the rules and delivered its verdict on 4 August 2024.

After the interim government took office following 5 August, the High Court recalled that verdict. The case was subsequently sent to another bench for hearing.

Following a fresh hearing, the bench led by Justice Md Mozibur Rahman Miah delivered its verdict on Thursday, ordering Grameen Kalyan to pay the tax.