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In Nepal, no private or other companies are allowed to import Petrol and Diesel other than NOC. [2] It was established on 1970 by the Government of Nepal under the "Company Act, 2021 (1964)". The government owns 99.46% of its share and rest is contributed by four other state owned enterprises: Rastriya Beema Sansthan, [ 3 ] National Trading Ltd ...
Nepal Telecom was legally founded as a wholly-owned government corporation called Nepal Telecommunications Corporation with the goal of offering telecommunications services after the adoption of the Communications Corporation Act (1972). Nepal Telecommunication Corporation was renamed Nepal Doorsanchar Company Limited (NDCL) in 2004.
The Institute of Chartered Accountants of Nepal (ICAN) was established under a special act, The Nepal Chartered Accountants Act, 1997 to enhance social recognition and faith of people at large in the accounting profession by raising public awareness towards the importance of accounting profession as well as towards economic and social responsibility of the accountants, and to contribute ...
Constituted under RBB Act 2021 with the full ownership of the government of Nepal, the bank has been running under Bank and Financial Institute Act (BAFIA) and Company Act (CA) 2063. The bank, licensed by NRB [ 3 ] as an 'A' class commercial bank of the country, is a component of the Nepalese economy .
After serving the nation for 29 years with great pride and a sense of accomplishment, Nepal Telecommunication Corporation was transformed into Nepal Doorsanchar Company Limited (NDCL) from Baisakh 1, 2061. NDCL is a company registered under the Companies Act 2053 with an 85% government share. [5]
Insurance business was started in Nepal by Nepal Bank's Maal Chalani Tatha Beema Company (translating to Transport and Insurance company) in 2004 B.S. Until 2026 B.S., the insurance business in Nepal was regulated by Nepal Government's Insurance Act, 1968 A.D. Feeling a need for effective regulation and control of insurance business, Nepal Government took steps to establish a dedicated ...
Nepal Telecommunications Authority (Nepali: नेपाल दूरसञ्चार प्राधिकरण; NTA) is the telecommunications regulatory body of Nepal. It is an autonomous body established on Feb 1998 in accordance with Telecommunications Act, 1997 and Telecommunications Regulation, 1998.
NIDC has worked to expand Nepalese industries and services, including hotels, industrial districts, and the Nepal Stock Exchange. NIDC was registered under the Company Act and operated as a national level development bank, providing services to regular customers as well, under the Bank and Financial Institutions Act.