Section 55: Prohibition on Disbursing Credit

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No Cooperative Bank may disburse credit against the collateral or security of its own shares.

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cooperatives act
nepal law

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Section 100: Regulation Fee
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Section 112: Performance evaluation of labours by enterprise
Section 49: Accumulation of leave
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Section 171: Act Implementation Measurement
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Section 70: Consultation and Information Relating to External Debt
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Section 81: Re-Insurance Business
Section 72: Records of Procurement Proceedings
Section 98: To Regulate, Inspect and Monitor
Section 70: Duties of employer towards non-labour
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Section 21: Accounting of Income and Expenditure
Section 121: Right to strike for settlement of collective disputes
Section 100: Punishment for Violation of the Bank’s Regulation
Section 52: Contribution for provident fund
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Section 88D: Power to be Automatically Suspended During the Period of Resolution
Section 7: Formation of Provincial Cooperative Association
Section 50: Discount Rate and Rate of Interest for Refinance
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Section 5: Restriction on Export and Import of Certain Currency and Bullion
Section 82: Information to be Furnished to Bank
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Section 56: No Distribution of Dividend
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Section 64: Public Procurement Monitoring Office
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Section 9C: Restriction on Making or Receiving Payment
Section 42: Assets to be maintained more than liabilities
Section 120: Expert Service may be sought
Section 10: Restriction on Export and Transmission of Securities
Section 95: Acts Deemed to be Offences Under this Act
Section 45: Works May be Done or Cause to be Done by Force Account
Section 178: Transitional provisions
Section 143: Employment may be terminated on the ground of health
Section 183: Repeal and saving
Section 94: Renewal of License of Insurance Intermediaries
Section 3: License to be Obtained to Carry on Foreign Exchange Transaction
Section 23: Examination of Bids
Section 12: Formation of Cooperative Bank
Section 33: May become members
Section 122: Arbitral award and collective agreement to be binding
Section 127: Person Entitled to Get Payment
Section 155: Insurance Information Centre
Section 5: Not to make unauthorised withdrawals or payments
Section 31: Application to be submitted to acquire membership
Section 4B: Payment for Sale of Goods or Provision of Services to a Foreigner
Section 51: Monetary Unit
Section 136: Suspension of License or Ban of Insurance Business
Section 101: Procedures for Pecuniary Penalty and Punishment
Section 21: Action not be initiated on the ground of breach of secrecy
Section 138: Fineable
Section 90: Account System
Section 105: Official to be Suspended
Section 26: Summary Procedure to be Adopted
Section 23: Audit Committee
Section 128: Nepal Rastra Bank may punish
Section 146: Government of Nepal to be Plaintiff
Section 92: Auditing
Section 116: Collective claim may be submitted
Section 24: Resignation by Director
Section 110: Power to Frame Rules and Bylaws
Section 124: Punishment
Section 168: Power to Frame Rules
Section 4: Establishment of An Electronic Platform
Section 3: Electronic Trading May be Carried Out
Section 69: Activities restricted to be carried on by Insurance Company
Section 39: Remuneration for reserve period
Section 147: Compulsory retirement
Section 145: Retrenchment may be made
Section 62: Insurance Contract
Section 97: Government of Nepal to be Plaintiff
Section 108: Provisions After the Achievement of Improvement in Condition of the Insurer
Section 12: Vacancy in the office of Chairperson or Member
Section 109: This Act to be Applicable
Section 1: Short Title, Extension and Commencement
Section 4: Formation of District Sectoral Cooperative Association
Section 94: Powers, functions and duties of the Office
Section 18: Engagement in work as trainee labour
Section 55: Price Adjustment in Procurement Contract
Section 163: Power of the Department or Office to decide
Section 89: Fiscal Year
Section 132: Prohibition of sexual harassment
Section 152: Repeal and Saving
Section 10: Types of employment
Section 10C: Provisions Relating to Repatriation, Investment of, and Transfer of Right in Foreign Exchange
Section 12: Pre-Qualification to be Determined
Section 45: Directors may be removed from Office
Section 19: Withdrawal and Modification of Bid
Section 136: Exercise of Voting Right
Section 9: Right to remedy
Section 147: Authority to Hear Case and Execution of The Decision
Section 8: Electronic Commerce Payments
Section 78: Special provisions relating to occupational safety and health
Section 119: Power of The Authority to Initiate the liquidation Process
Section 71: Allocation of Savings
Section 43: Provision Relating to Renting House and Land and Obtaining Service on Contract
Section 91: License to Insurance Mediators
Section 5: Prohibition on employment of children
Section 46: Not to be involved in the decision-making process having conflict of personal interest
Section 118: Settlement through mediation
Section 4:
Section 84: Provisions relating to tea-estate labours
Section 60: Able to create a whistleblowing policy
Section 166: Decisions to be executed
Section 33: Management Committee
Section 181: To frame and implement directives and procedures
Section 21: Transaction, Business, Industries, or Project may be operated
Section 173: Increment of insurance amount
Section 61: Conduct of the Official Involved in Public Procurement Proceedings
Section 48: Discount Operation
Section 27: Acceptance of Bid and Procurement Contract
Section 13: Operation of Accounts
Section 115: The Authority may give directions to merge or to be amalgamated
Section 26: Prior approval required
Section 68: Method of Communication
Section 20: Classification may be made on Sectoral Basis
Section 116: Insurer Many Acquire Another Insurer
Section 89: Recommending Action
Section 36: Paid Up Capital of the Insurer
Section 13: Bidding Documents to be Prepared
Section 140: Inter-government transactions may be carried out
Section 28: To be governed as per the prevailing laws
Section 99: Fine for Violation of the Bank’s Regulation
Section 10: Not to acquire assets or open account by borrower who has over dues
Section 146: Resumption of operation
Section 16: Registration may be Denied
Section 66: Foreign Exchange Reserve
Section 54: Medical insurance to be made
Section 24: Restriction on Insurance Business without license
Section 117: To hold negotiations on collective claims, demands
Section 93: Provisions relating to Office and inspectors
Section 29: Regulation may be framed
Section 14: Continuity of existence of the employment relationship despite change in ownership
Section 171: Special provisions relating to managers and managerial level labours
Section 125: Settlement of Small Amount Claim
Section 106: Fixation of minimum remuneration
Section 19B: Power to request details
Section 101: Insurer Deemed to be Problematic
Section 88I: Sequence of Priority of Payment
Section75: Saving from action
Section 64: Particulars of Foreign Exchange Transactions
Section 49: Loan and Refinance to Commercial Banks and Financial Institutions
Section 86B: Commercial Bank and Financial Institution Deemed to be Problematic
Section 4: Description of Goods, Construction Works and Services to be Prepared
Section 114: Remedial Actions may be taken
Section 11: No Association may be Formed
Section 20: Qualifications of the Directors
Section 86: …………………
Section 33: Can open a liaison office
Section 111: Other Provisions Regarding Special Management of The Insurer
Section 39: Compulsory Reserve Fund
Section 73: Bank may ask for Particulars, Statistics and Documents
Section 5: Function, Duties and Powers of the Bank
Section 138: Punishment may be remitted
Section 83: Dues to recover
Section 33: Arrangement for transportation to be made
Section 2: Definitions
Section 67A: Procurement Proceedings Should Not Be Obstructed
Section 18A: Filing of Case
Section 163: International Aid and Relation
Section 106: Actions not to be Invalid
Section 29: Amendment to Bylaws and Internal Procedures
Section 107: No Responsibility for Acts Done in Good Faith
Section 117: Report to be submitted
Section 16: Permission of the Bank to be Obtained to Open an Account
Section 8: Procurement Method to be Selected
Section 97: Prohibition to act
Section 23: Constitution, Functions and Duties of Inquiry Committee
Section 140: Termination of time-based and work-based employment
Section 9B: Acts Not to be Done by the Exporter
Section 37: Negotiations with the Proponent
Preamble
Section 89: Provisions relating to seasonal enterprises
Section 11F: Power to Hold in Detention
Section 88M: Final Description of the Work Relating to Resolution to be Submitted
Section 129: Collective bargaining or agreement to be made in good faith
Section 131: Operation and Management of Insurance in Province
Foreign Exchange (Regulation) Act 2019
Section 41: Provision for Direct Procurement
Section 45: Operation of Open Market Transaction
Electronic Commerce (E-Commerce) Act 2081
Section 39: Other Provision for Consultancy Services
Section 66: Insurance Not to Be Done
Section 9: Formation of Specialised Cooperative Association
Section 6: Formation of the Board
Section 72: Accepting risk based on the property itself
Section 13: No Operation of Cooperative Organisation without Registration
Section 43: Functions, duties and powers of Board
Section 74: To form safety and health committee
Section 62: Liquid Assets to be maintained
Section 48: Formation of Accounts Supervision Committee
Section 157: Collection of Statistics
Section 31: Soliciting Proposals
Section 34: Audit Committee
Section 121: Priorities on the Payment of Liabilities in Case of Liquidation of the Insurance company
Section 25: ……………………………
Section 115: Decision to be made by the Office
Section 29: Granting License
Section 92: Registrar
Section 36: General Meeting
Section 25: Public Notification of Governor’s Appointment
Section 3: To remain as minimum standards
Section 51: Reference interest rate may be determined
Section 145: Limitation for Complaint
Section 20: Not to restrain from working elsewhere
Section 12A: Not to make any Fraudulent Activities to Bank and Financial Institutions and Cooperatives
Section 125: Picketing or assembly may be made
Section 88: Dissolution and Revocation of Registration
Section 104: Office of member of the Council to be vacant
Section 6: Procurement Plan to be Prepared
Section 63: Management of Foreign Exchange
Section 131: Authority to adjudicate a case
Section 46: Birth registration certificate to be submitted
Section 142: Employment may be terminated on the ground of incompetence
Section 93: Submission of Report to Government of Nepal
Section 59: Account of Issued Currency
Section 150: Insured Insurance Protections Fund
Section 105: Trust Accounts
Section 111: Formation of labour relation committee
Section 158: High Court to perform functions of Labour Court
Section 43: Home leave
Section 161: Appeal to the Supreme Court
Section 40: Provision Relating to Sealed Quotation
Section 86: Appointment of Auditor of Insurer
Section 170: Implementing Guidelines and Procedures
Section 141: Employment may be terminated voluntarily
Preamble
Section 15: Non-abuse of regulatory opportunity
Section 52: Meetings of Board of Directors
Section 165: Appeal
Section 87: Special provisions relating to tourism labours
Section 2: Definitions
Section 1: Short title and commencement
Section 9: Procurement to be Made by Inviting Open Bid
Section 55: Delegation of Powers
Section 68: International Clearing and Payment Agreements
Section 35: Facilities not to be entitled to
Section 107: Inventory to be prepared
Section 110: To be borne from Assets of Organisation or Association
Section 80: Reinsurance Required
Section 88H: Bridge Institution or Unit May be Established
Section 22: Opening of Bids
Section 71: Deposit Collection
Section 34: Entitlement of labours to remuneration
Section 58: Labours may be employed through supplier
Section 49: Functions, duties and powers of Accounts Supervision Committee
Section 19: Document to be Void
Section 97: To render necessary assistance
Section 69: Duties of employer towards labour
Section 86F: Power of the Bank for Corrective Action
Section 129: Complaint Regarding Loss or Damage
Section 21: Disqualification of the Directors
Section 14: Obligations of the Intermediary Practitioner
Section 11: Process and Stage of Bidding
Section 32: Prohibition on Vested Personal Interest
Section 167: Pursuant to this Act
Section 135: Opportunity to be given to submit clarification
Section 147: Prevailing law relating to companies not to apply
Section 29: Functions, Duties and Powers of the Board
Section 2: Definitions
Section 167: Power of the Office to have execution of decisions
Section 58: Provisions Relating to Currency Inventory and Issuance of Currency
Section 38: Insurance Fund
Section 104: Functions, Duties and Powers of Special Administration Team
Section 31: Delegation of powers
Section 64: Insurance Premium
Section 37: Entitlement to festival expense
Section 51: Discontinue to hold the office of Director
Section 50: Transaction of Savings and Credits to be made concentrating on Member
Section 169: Procedure relating to service of notice
Section 21: Bid Security
Section 68: Possession of Property Prohibited
Section 88O: Application for Liquidation May be Made
Section 10: Qualification of Bidder or Proponent
Section 61A: Departmental Action to be Taken
Section 2: Definitions
Section 130: Observance of discipline and duties
Section 122: Insolvency of the Branch Office of Foreign Insurance Company Situated in Nepal
Section 112: Final Report to be Submitted
Section 65: Group Insurance Fund
Section 26: Functions of National Cooperatives Federation
Section 25: Adjudication proceedings and disposal of the case not be affected
Section 9: Payment of Price of the Exported Goods
Section 19A: Special investigation team may be formed
Section 86: No hindrance to take actions
Section 12: Not to Make Loss by Making Alteration in Account or Ledger or by Committing Forgery or Fraud
Section 108: Provisions concerning Payment of Liabilities
Section 47: Formation of Board of Directors
Section 137: Revocation (Cancellation) of License of the Insurer
Section 174: Delegation of authority
Section 11: Export and Import May be Carried Out
Section 17: Cooperative Organisation to be a Corporate Entity
Section 19: Proceedings may be initiated by detaining into the custody
Section 127: Double Fine to be imposed
Section 73: Delegation of Power
Section 109: Authority may be delegated
Section 63: Blocklisting and Exclusion from the Blocklist
Section 29: Coordination Required
Section 18: Liability Relating to Transportation
Section 103: Special Administration/Management Team
Section 59: License to be obtained
Section 88: Establishment of Credit Information Centre
Section 61: Reproduction and Counterfeiting of Currency
Section 73: Investment in Subsidiary Company
Section 150: To issue the certificate of experience
Section 75: Repeal and Amendment
Section 7: Functions not to be Carried out by the Bank
Section 100: Annual Report to be submitted
Section 3: Not to open an account or demand cash payment in an unauthorised manner
Section 141: Punishment
Section 86G: Can be Subject of Resolution
Section 112: Notice to be given for submission of liabilities
Section 133: Annual Report Submit
Section 66: Security of Government of Nepal may be obtained
Section 53: Measurement, Weights and Size of Coins
Section 13: Prohibition on Entering into Contract in Contravention of the Objective of This Act
Section 35: Function, Duties and Powers of the Audit Committee
Section 55: Issuance of Currency and Security
Section 11D: Power to Search Building or Place of Transaction
Section 54: Variation Order
Preamble
Section 52: Procurement Contract and Terms and Conditions Thereof
Section 110: Recommendation for Improving Financial Condition of the Insurer
Section 59: Nepal Rastra Bank may take over Management
Section 27: To be considered ineligible
Section 48: Term of Office of the Director
Section 19: Working Area of Association and Cooperative Bank
Section 7: Deemed to be a Contract
Section 8: Not to misuse credit
Section 71: Duties of the responsible person
Section 28: Meeting of the Board
Section 16: Clarification as to Unclear Matter on Bidding or Pre-Qualification Documents
Section 36: Rejection of Proposal and Cancellation of Procurement Proceedings
Section 77: Ineligibility for Appointing Auditor
Section 56: Management of Insurance Company
Preamble
Section 30: Criteria to be Followed
Section 82: Provisions related to re-insurance contracts
Section 151: Formation of Labour Court
Section 153: Not to Make Insurance Transactions with Anyone Except Insurer
Section 40: Computation of net profit and loss
Section 143: Special Provision Related with The Insured
Section 6A: Preparation of Exiting List
Section 135: Special Provisions concerning operation of Association
Section 33: Evaluation of Technical Proposal
Section 20: Cooperation to be extended
Section 126: To freeze transactions, accounts and assets
Section 17: Provisions relating to labour to be applicable
Section 151: Standards, Directives or Procedures may be framed and submit
Section 2: Definitions
Section 1: Short title and commencement
Section 172: Repeal and Saving
Section 1: Short Title and Commencement
Section 62: Revocation, suspension of license or fine
Section 92: Deemed to be unfair labour practice
Section 86: Provisions relating to transport labours
Section 109: Provisions to be made in Case improvement Not Achieved in the Condition of the Insurer
Section 34: Opening of Financial Proposal
Section 23: Notice to be published
Section 35: Evaluation of Financial Proposals
Section 10: Coordination with Public Bodies
Section 11: Oath to be taken
Section 45: Prospectus and Issue of Shares
Section 142: Contract not to be concluded
Section 21: Provisions relating to social security
Section 124: Right to lock-outs
Section 68: Reserve Fund
Section 6: Power of Government of Nepal to Obtain Foreign Exchange
Section 60: Submission of details by licensee
Section 35: Payment of remuneration
Section 14: Inspection
Section 42: Substitute leave
Schedule
Section 130: Government of Nepal to be a plaintiff
Section 118: Conditions Relating to Liquidation of Insurer
Section 56: Provisions on Exchange of Currency
Section 48: Review Committee
Section 38: Functions, Duties and Powers of Annual General Meeting
Section 22: Power to Frame Rules
Section 15: Punishment
Section 113: Submission of individual claims
Section 128: Prohibition on filing of case against loss
Section 67: Issuance of Debt Bond Against Gold and Foreign Currency
Section 24: Objective of Organisation or Association
Section 86H: Decreasing the Capital of Problematic Commercial Bank or Financial Institution
Section 74: Power to Make Rules
Section 123: Settlement of Insurance Claim
Section 49: Qualifications of Directors
Section 85: Special provisions relating to construction labours
Section 157: Case may be compromised
Section 109: Transfer may be made
Section 11A: Designation of Investigating Officer
Section 139: Security of employment
Section 6: Not to obtain or make payment by way of abuse or unauthorised use of electronic means
Section 98: Report to be submitted
Section 140: Offence
Section 27: Monitoring and Inspection of Electronic Commerce
Section 59: Technical or Management Service Agreement
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