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 21: Accounting of Income and Expenditure
Section 76: Incorporation of Insurance Company for Micro Business Only
Section 4A: Provisions Relating to Foreign Exchange Obtained by Citizens of Nepal
Section 119: Cooperative may be sought
Section 6: Not to obtain or make payment by way of abuse or unauthorised use of electronic means
Section 45: Works May be Done or Cause to be Done by Force Account
Section 9: Not to misuse banking resources, means and assets
Section 17: Provisions relating to labour to be applicable
Section 85: Special provisions relating to construction labours
Section 40: Computation of net profit and loss
Section 122: Arbitral award and collective agreement to be binding
Section 78: Claim of Micro-Insurance
Section 16: Permission of the Bank to be Obtained to Open an Account
Section 9: Tenure of Chairperson and Members
Section 50: Transaction of Savings and Credits to be made concentrating on Member
Section 53: Amendment to Procurement Contract
Section 101: Procedures for Pecuniary Penalty and Punishment
Section 169: Procedure relating to service of notice
Section 71: Duties of the responsible person
Section 146: Recovery to be made as government due
Section 51: Procurement Proceeding to be Withheld
Section 134: Power of The Authority
Section 33: Arrangement for transportation to be made
Section 37: Professional Code of Conduct and Official Responsibility
Section 31: Application to be submitted to acquire membership
Section 95: Powers, functions and duties of inspector
Section 88C: Function, Duty and Power of Special Administration Team
Section 100: Punishment for Violation of the Bank’s Regulation
Section 147: Compulsory retirement
Section 24: Objective of Organisation or Association
Section 11: No Association may be Formed
Section 86: …………………
Section 19: Proceedings may be initiated by detaining into the custody
Section 160: Procedures of the cases
Section 85: Preference to be accorded
Section 18: Working Area of Cooperative Organisation
Section 11G: Prohibition on Divulgence of Secrecy
Section 81: To engage in easier work
Section 77: Contract to be made
Section 84: Provisions relating to tea-estate labours
Section 15: Responsibilities of Traders Carrying Out E-Commerce Based on the List
Section 46: Compulsory Deposit of Commercial Banks and Financial Institutions
Section 35: Facilities not to be entitled to
Section 30: Short List to be Prepared by Soliciting Expression of Interest Openly
Section 70: Legal Documents to be Kept on Website
Section 2: Definitions
Section 57: Social security scheme to be applicable
Section 66: Insurance Not to Be Done
Section 10B: Provisions Relating to Lending and Borrowing of Loans in Foreign Exchange
Section 97: Prohibition to act
Section 4: Formation of District Sectoral Cooperative Association
Section 60: Able to create a whistleblowing policy
Section 147: Authority to Hear Case and Execution of The Decision
Section 71: Provisions concerning Other Funds
Public Procurement Act 2063
Section 42: Substitute leave
Section 40: Provision Relating to Sealed Quotation
Section 109: This Act to be Applicable
Section 40: Directives may be given to call an Extraordinary General Meeting
Section 46: Restriction on sold, mortgaged, or transferred
Section 135: Special Provisions concerning operation of Association
Section 3: License to be Obtained to Carry on Foreign Exchange Transaction
Section 18: Tenure of Office of the Director
Section 101: Cooperative Savings and Credits Security Fund
Section 95: Inspection and Checking of Accounts
Section 64: Particulars of Foreign Exchange Transactions
Section 8: Formation of Central Sectoral Cooperative Association
Section 170: Implementing Guidelines and Procedures
Section 3B: Other Provisions Relating to Foreign Exchange Transactions
Section 56: Management of Insurance Company
Section 23: Foreign citizen to obtain work permit to work in Nepal
Section 164: The Government of Nepal may Issue Directives
Section 35: Payment of remuneration
Section 103: Functions, duties and powers of the Council
Section 173: Increment of insurance amount
Section 29: Coordination Required
Section 104: Organisation or Association may be declared problematic
Section 151: Insurance Development Fund
Chapter-2 Establishment of Authority and Its Functions, Duties and Power
Section 14: Invitation to Bids
Section 10: Qualification of Bidder or Proponent
Section 16: Appointment of the Deputy Governor
Preamble
Section 127: Person Entitled to Get Payment
Section 49: Qualifications of Directors
Section 35: May Grant Exemptions, Facilities, or Concessions
Section 94: Delegation of Authority
Section 7: Functions not to be Carried out by the Bank
Section 78: Exemptions, Facilities and Discounts
Section 1: Short Title and Commencement
Section 57: Soiled or Counterfeit Currency
Section 59: Termination of Procurement Contract and Remedy Therefor
Section 52: Procurement Contract and Terms and Conditions Thereof
Section 132: Statutory Limitation to file a complaint
Section 88B: Provision Relating to the Formation of the Special Administration
Section 44: Monetary Policy
Section 17: Appointment of the Directors
Section 127: Remuneration for strike or lock-out period
Section 68: International Clearing and Payment Agreements
Section 36: General Meeting
Section 4: Establishment of An Electronic Platform
Section 60: Currency Recall or Withdrawal
Section 14: Continuity of existence of the employment relationship despite change in ownership
Section 5: Functions, Duties and Power of the Authority
Section 26: Remuneration may be repatriated in convertible foreign currency
Section 121: Priorities on the Payment of Liabilities in Case of Liquidation of the Insurance company
Section 51: Reference interest rate may be determined
Section 82: Special provisions relating to treatment of occupational disease
Section 59: Nepal Rastra Bank may take over Management
Section 66: Provision Concerning Procurement to be Made in Special Circumstances
Section 175: Saving of acts done in good faith
Section 18: Government to be the plaintiff
Section 86C: Bank to Take Action Against Problematic Commercial Bank or Financial Institution
Section 28: Two-Stage Bidding
Section 32: Power to Give Directions
Section 135: Authority May Give Direction to Withold Payment of Insurance or Revoke the Insurance Policy
Section 58: Labours may be employed through supplier
Section 88: Provisions relating to domestic labours
Section 88I: Sequence of Priority of Payment
Section 7: Not to avail or provide loans in an unauthorised manner
Section 136: Authority imposing punishment
Section 17: Time and limitation for the Lodgement of First Information Report
Section 71: Deposit Collection
Section 141: Provisions concerning tax
Section 122: Offences deemed to be committed
Section 43: Annual Budget
Section 10: Types of employment
Section 68: Possession of Property Prohibited
Section 11E: Power to Arrest
Section 106: Fixation of minimum remuneration
Section 105A: State Government may constitute a State Labour Advisory Council
Section 60: Submission of details by licensee
Section 10: Formation of Federation of National Cooperatives
Section 17: Cooperative Organisation to be a Corporate Entity
Section 9A: To Receive Payment of Value of Exported Goods
Section 19: Document to be Void
Section 73: Delegation of Power
Section 5: Registration Required
Section 164: Decision may be made by the Labour Court
Section 124: Punishment
Section 20: No Exemption from Liability
Section 110: Power to Frame Rules and Bylaws
Section 63: Blocklisting and Exclusion from the Blocklist
Section 4: Description of Goods, Construction Works and Services to be Prepared
Section 114: Application may be made to the Office
Section 139: Financial Assistance to be provided
Section 88O: Application for Liquidation May be Made
Section 123: Settlement of Insurance Claim
Section 27: Remuneration, conditions of service, benefits of and other provisions relating to foreign labours
Section 20: Classification may be made on Sectoral Basis
Section 27: Acceptance of Bid and Procurement Contract
Section 79: Debts to be recovered
Section 54: Medical insurance to be made
Section 99: Foreign Insurance Company shall inform to the Authority
Section 59: Account of Issued Currency
Section 25: Evaluation of Bids
Section 26: Rejection of Bids or Cancellation of Procurement Proceedings
Section 100: Regulation Fee
Section 133: Provisions relating to misconduct may be made in the bye-law
Section 128: Complaint Relating to Payment of Claim
Section 15: Power of the Government of Nepal to Give Directives
Section 18: Engagement in work as trainee labour
Section 101: Insurer Deemed to be Problematic
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