The HC bench of Justice JBM Hassan and Justice Md Khairul Alam fixed the date on Monday after the final hearing on the writ.
Barrister Ajmalul Hossain QC stood for the Bangladesh Bank while Attorney General Mahbubey Alam represented the Finance Ministry and Advocate Manzill Murshid moved for the writ petitioner.
Human Rights and Peace for Bangladesh (HRPB) filed the writ petition in January this year seeking investigation into the irregularities in the banking sector and formation of an independent commission in this regard.
On February 13, the HC issued a rule asking the central bank to submit a list of loan defaulters and sought explanation as to why legal steps should not be taken against the irregularities that took place in the banking sector in the past 20 years.
On May 16, the directed it to submit information about all irregularities, including loan defaults, and measures taken against them in the last 20 years within June 24.
Meanwhile, Bangladesh Bank issued a notification on special guidelines on May 16 for loan rescheduling and one-time payment, providing big opportunities for loan defaulters. They were allowed to reschedule loans after paying 2 percent of their previous loans and then their interest rate would be 9 percent.
Besides, defaulters were given a chance to pay the rest of their loans in 10 years and they could also avail themselves of more loans from the bank.
Later on May 21, the High Court ordered a status quo on the policy following a supplementary petition filed by HRPB.
On June 24, the BB submitted their report that said the amount of default and inactive loan is 220,000 crore and that of written-off loan is Tk 30,000 crore which may not be recovered.
The Appellate Division stayed the High Court status quo order for two months on July 8 after the Finance Ministry moved it.
But the loan defaulters would be able to take further new loan, it said.
It also directed High Court to dispose of the rule regarding loan default before the bench, led by Justice JBM Hassan.