Section 22: Liabilities to be limited

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1) Liability of a member in terms of a transaction of a Cooperative Organization shall be limited only up to the maximum limit of the shares he/she has subscribed or agreed to subscribe to.

2) The name of a Cooperative Organization shall contain “cooperative”, and it shall contain the word “limited” at the end.

Tagged:
cooperatives act
nepal law

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Section 113: Insurance Business May Be Transferred
Section 56: No Distribution of Dividend
Section 62: Revocation, suspension of license or fine
Section 4: Description of Goods, Construction Works and Services to be Prepared
Section 34: Deemed to Have Been Done by the Entrepreneur Himself
Section 7: Responsibility Towards Procurement Activities
Section 38: Procurement Contract to be Concluded
Section 50: Discount Rate and Rate of Interest for Refinance
Section 88O: Application for Liquidation May be Made
Section 8: Not to misuse credit
Section 124: Payment of Re-insurance Claim
Section 4:
Section 96: Obligations of inspector or employee
Section 15: Power of the Government of Nepal to Give Directives
Section 34: Termination of membership
Foreign Exchange (Regulation) Act 2019
Section 24: Restriction on Insurance Business without license
Section 55: Prohibition on Disbursing Credit
Section 81: To engage in easier work
Section 76: Incorporation of Insurance Company for Micro Business Only
Section 106: Notice of the Work
Section 105A: State Government may constitute a State Labour Advisory Council
Section 11: International Cooperation and Relationship
Section 49: Application May be Filed Before the Review Committee
Section 103: Functions, duties and powers of the Council
Section 86F: Power of the Bank for Corrective Action
Section 151: Standards, Directives or Procedures may be framed and submit
Section 133: Provisions relating to misconduct may be made in the bye-law
Section 30: Criteria to be Followed
Section 104: Collection of Data
Section 94: Report on Monetary Policy
Section 92: Qualifications of Insurance Mediators
Section 31: Application to be submitted to acquire membership
Section 28: Two-Stage Bidding
Section 2: Definitions
Section 129: Complaint Regarding Loss or Damage
Section 48: Mourning leave
Section 112: Notice to be given for submission of liabilities
Section 24: Resignation by Director
Section 166: Issue Orders and Directives
Section 139: Security of employment
Section 105: Provisions relating to meetings of the Council
Section 1: Short Title and Commencement
Section 64: Obligations of the main employer
Section 87: Provisions concerning Amalgamation and Division
Section 136: Suspension of License or Ban of Insurance Business
Section 10: Formation of Federation of National Cooperatives
Section 127: Person Entitled to Get Payment
Section 9C: Restriction on Making or Receiving Payment
Section 23: Constitution, Functions and Duties of Inquiry Committee
Section 22: Provisions relating to Delivery of Notice
Preamble
Section 124: Right to lock-outs
Section 5: Cost Estimate to be Prepared
Section 6: Formation of Provincial Sectoral Cooperative Association
Section 56: Provisions on Exchange of Currency
Section 155: Insurance Information Centre
Section 104: Office of member of the Council to be vacant
Section 86B: Commercial Bank and Financial Institution Deemed to be Problematic
Section 170: Fixation of basic remuneration
Section 82: Information to be Furnished to Bank
Section 7: Functions not to be Carried out by the Bank
Section 40: Provision Relating to Sealed Quotation
Section 86D: Effect of the Control of the Bank on any Commercial Bank or Financial Institution
Section 143: Employment may be terminated on the ground of health
Section 13: Prohibition on Entering into Contract in Contravention of the Objective of This Act
Section 37: Power to Make a Directory
Section 8: Procurement Method to be Selected
Section 18: Engagement in work as trainee labour
Section 20: Cooperation to be extended
Section 183: Repeal and saving
Section 62: Insurance Contract
Section 26: Prior approval required
Section 16: Punishment to the Persons Creating Hindrance
Section 80: Arrangements for control of infectious diseases to be made
Section 32: Prohibition on Vested Personal Interest
Section 25: Adjudication proceedings and disposal of the case not be affected
Section 86H: Decreasing the Capital of Problematic Commercial Bank or Financial Institution
Section 22: Restriction on employment of foreigners
Section 58: Provisions Relating to Currency Inventory and Issuance of Currency
Section 86E: The Reformative Measures and Power to be Used by the Bank or the Official Appointed by the Bank
Section 46: Birth registration certificate to be submitted
Section 60: De-registration
Section 72: Records of Procurement Proceedings
Section 51: Monetary Unit
Section 10A: Regulation of Investment Abroad
Section 98: Bank to Provide Information
Section 11: Power to Demand Statements
Section 75: Repeal and Amendment
Section 9: Formation of Specialised Cooperative Association
Section 95: Inspection and Checking of Accounts
Section 4: Objectives of the Bank
Section 58: Labours may be employed through supplier
Section 118: Settlement through mediation
Section 14B: Not to carry out banking transactions in an illegal manner
Nepal Rastra Bank Act, 2058
Section 103: Special Administration/Management Team
Section 16: Clarification as to Unclear Matter on Bidding or Pre-Qualification Documents
Section 27: Acceptance of Bid and Procurement Contract
Section 15: Punishment
Section 5A: Approval to be Made
Section 149: Power to frame Rules
Section 169: Procedure relating to service of notice
Section 74A: May Formulate Technical Guidance, Procedures and Directives
Section 123: Saving of actions taken in good faith
Section 40: Catastrophic Fund
Section 7: Not to avail or provide loans in an unauthorised manner
Section 20: Reward to be Provision of Information
Section 40: Directives may be given to call an Extraordinary General Meeting
Section 126: Apparent loss or damage
Section 157: Collection of Statistics
Section 88: Dissolution and Revocation of Registration
Section 88D: Power to be Automatically Suspended During the Period of Resolution
Section 110: To be borne from Assets of Organisation or Association
Section 12: Employment relationship to be established
Section 19: Part-time employment
Section 20: Classification may be made on Sectoral Basis
Section 65: Group Insurance Fund
Electronic Commerce (E-Commerce) Act 2081
Section 11I: To Give Receipt
Section 59: Termination of Procurement Contract and Remedy Therefor
Section 6: Not to obtain or make payment by way of abuse or unauthorised use of electronic means
Section 92: Deemed to be unfair labour practice
Section 39: Capital of the Bank
Section 37: Professional Code of Conduct and Official Responsibility
Section 146: Government of Nepal to be Plaintiff
Section 135: Authority May Give Direction to Withold Payment of Insurance or Revoke the Insurance Policy
Section 89: Recommending Action
Section 56: Management of Insurance Company
Section 37: May order capital reduction
Section 148: Payment of benefits
Section 119: Settlement of dispute through arbitration
Section 108: Oath of Office
Section 35: Evaluation of Financial Proposals
Section 3: Establishment of the Bank
Section 21: Accounting of Income and Expenditure
Preamble
Section 45: Prospectus and Issue of Shares
Section 19: Withdrawal and Modification of Bid
Section 95: Cancellation of License
Section 17: Cooperative Organisation to be a Corporate Entity
Section 66: Provision Concerning Procurement to be Made in Special Circumstances
Section 159: Submission of Report to Government of Nepal
Section 1: Short Title, Commencement, and Extension
Section 73: Delegation of Power
Section 27: Power to Refuse Prior Approval
Section 35: List to be Published
Section 28: Internal Procedures may be framed
Section 99: Foreign Insurance Company shall inform to the Authority
Section 144: Punishment for those who oppose obstacles
Section 54: Variation Order
Section 8: Right relating to trade union
Section 81: Re-Insurance Business
Section 100: Annual Report to be submitted
Section 2: Definitions
Section 63: Blocklisting and Exclusion from the Blocklist
Section 9: Procurement to be Made by Inviting Open Bid
Section 107: Preparation of New Financial Statements
Section 10: Types of employment
Section 128: Prohibition on filing of case against loss
Section 14: Application to be Submitted for Registration
Section 15: Appointment of the Governor
Section 47: Formation of Board of Directors
Section 3A: Power of Bank to Take Action
Section 86: Appointment of Auditor of Insurer
Section 11C: Power to Stop and Search Motor Vehicle
Section 112: Final Report to be Submitted
Section 28: To be governed as per the prevailing laws
Section 156: Power to order payment of interest
Section 55: Accidental insurance to be made
Section 11D: Power to Search Building or Place of Transaction
Section 3: Electronic Trading May be Carried Out
Section 70: Legal Documents to be Kept on Website
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