Chapter 18 Problematic Organisations or Associations

Section 107: Inventory to be prepared

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For the purpose of Section 106, the Management Committee shall prepare an inventory as follows:

(a) Name list of the members, depositors, borrowers of the problematic Organisation or Association and of the persons or organisations to which the Organisation or Association has to make payments,

(b) Inventory of immovable assets, including apartments in the name of the problematic Organisation, or Association, or having an investment of the Organisation or Association,

(c) Details of cash deposited in banks, gold, silver owned and share investment in the names of members and employees of the problematic Organisation or Association, or in the name of their family members,

(d) Record of land and buildings mortgaged by the problematic Organisation or Association for obtaining loans,

(e) Record of all movable or immovable assets of the problematic Organisation or Association located in Nepal or in any place abroad.

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Section 107: Inventory to be prepared

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