After suffering much difficulty Bangla TV was liquidated. The Company has been purchased by Director of Channel Mahi Ferdous Jalil, CEO of Channel S Taj Choudhury and Syed Samadul Hoque. Last year after running up debts of €3,054,000 Archiva took them to court where Bangla TV declared bankruptcy.
The company was previously called Bangla TV (Worldwide) Ltd and now has been renamed Bangla TV (UK) Ltd. OFCOM and BSKYB have been informed of the current situation.
Bangla TV was established in 1999 September by Firuz Khan who became Director; he was later joined by Sayed Samadul Hoque, Abdul Quadir and Gulam Dasthaghir Nishat. After disagreements developed between them, each member left one by one leaving Mr Khan to manage the company.
Mismanagement and financial problems led to it to being closed for varying lengths of time until eventually on December 2010 Bangla TV was liquidated and all assets were sold