Section 56: No Distribution of Dividend

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No Cooperative Bank may declare or distribute dividends without meeting the preliminary expenses, the loss incurred in the last year, the capital fund, the risk-bearing fund, and the reserve fund.

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cooperatives act
nepal law

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Section 112: Performance evaluation of labours by enterprise
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Section 68: Formulation of safety and health Policy
Section 10: Formation of Federation of National Cooperatives
Section 52: Contribution for provident fund
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Section 92: Deemed to be unfair labour practice
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Section 77: Direction to stop the work
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Section 104: Office of member of the Council to be vacant
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Section 73: Investment in Subsidiary Company
Section 181: To frame and implement directives and procedures
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Section 51: Discontinue to hold the office of Director
Section 78: Exemptions, Facilities and Discounts
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Schedule
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Section 54: Committee or sub-committee may be formed
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Section 29: Not to compel to work overtime
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Section 175: Saving of acts done in good faith
Section 91: To observe fair labour practice
Section 105: Formation of Management Committee
Section 12: Not to Make Loss by Making Alteration in Account or Ledger or by Committing Forgery or Fraud
Section 126: Employment contract not to be violated
Section 50: Disqualifications of Directors
Section 122: Arbitral award and collective agreement to be binding
Section 89: Recommending Action
Section 59: Nepal Rastra Bank may take over Management
Section 145: Limitation for Complaint
Section 128: Complaint Relating to Payment of Claim
Section 19B: Power to request details
Section 138: Cooperative Education
Section 141: Provisions concerning tax
Section 5: Prohibition on employment of children
Section 37: Entitlement to festival expense
Section 103: Stabilisation Fund
Section 36: General Meeting
Section 73: Details to be made available
Section 41: Public leave
Section 102: Mutual Security Services may be conducted
Section 67: Find of a Cooperative Organisation
Section 126: To freeze transactions, accounts and assets
Section 171: Special provisions relating to managers and managerial level labours
Section 81: Re-Insurance Business
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Section 11: No Association may be Formed
Section 133: Provisions relating to misconduct may be made in the bye-law
Section 71: Provisions concerning Other Funds
Section 22: Liabilities to be limited
Section 63: Insurance Policy
Section 9: Right to remedy
Section 146: Government of Nepal to be Plaintiff
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Section 28: Internal Procedures may be framed
Section 17: Cooperative Organisation to be a Corporate Entity
Section 114: Application may be made to the Office
Section 140: Inter-government transactions may be carried out
Section 112: Final Report to be Submitted
Section 64: Provisions Concerning Withdrawal of Amount and Operation of Accounts
Section 55: Prohibition on Disbursing Credit
Section 53: Functions, Duties and Powers of the Board
Section 142: Don’t work in the Insurance Business
Section 96: Obligations of inspector or employee
Section 169: Procedure relating to service of notice
Section 150A: Instructions On Prevention of Money Laundering Must Be Followed
Section 66: Security of Government of Nepal may be obtained
Section 42: Substitute leave
Section 84: Preparation of Financial Statements
Section 19: Proceedings may be initiated by detaining into the custody
Section 153: Not to Make Insurance Transactions with Anyone Except Insurer
Section 23: Audit Committee
Section 127: Person Entitled to Get Payment
Section 16: Meeting of the Board
Section 59: License to be obtained
Section 23: Notice to be published
Section 100: Regulation Fee
Section 41: Board of Directors
Section 20: Classification may be made on Sectoral Basis
Section 150: Special provisions relating to regulation, monitoring and supervision
Section 31: Additional remuneration to be paid
Section 91: License to Insurance Mediators
Section 46: Birth registration certificate to be submitted
Section 58: Labours may be employed through supplier
Section 29: Amendment to Bylaws and Internal Procedures
Section 82: Credits Recovery Tribunal
Section 80: Reinsurance Required
Section 103: Functions, duties and powers of the Council
Section 106: Fixation of minimum remuneration
Section 149: Labours to get first priority
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Section 105: Official to be Suspended
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Section 152: Repeal and Saving
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Section 113: Insurance Business May Be Transferred
Section 47: Dissolution of Board
Section 86: No hindrance to take actions
Section 131: Authority to adjudicate a case
Section 144: Punishment for those who oppose obstacles
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Section 116: Collective claim may be submitted
Section 101: Making application in convenient Office
Section 5: Formation of District Cooperative Association
Section 40: Weekly leave
Section 63: Payment of remuneration and other benefits
Section 118: Settlement through mediation
Section 44: Directors not to continue to hold the office
Section 12: Employment relationship to be established
Section 2: Definitions
Section 97: Special Provisions concerning Inspection and Monitoring of Organisation or Association carrying out transactions of savings and credits
Section 25: Adjudication proceedings and disposal of the case not be affected
Section 23: Values, norms and principles of cooperative to be complied with
Section 134: Due Amount to be recovered
Section 95: Inspection and Checking of Accounts
Section 172: Entitlement to remuneration and other benefits
Section 38: Prohibition on deduction of remuneration
Section 163: Power of the Department or Office to decide
Section 69: Activities restricted to be carried on by Insurance Company
Section 15: Non-abuse of regulatory opportunity
Section 72: Duties of manufacturers, importers and suppliers
Section 55: Accidental insurance to be made
Section 69: Duties of employer towards labour
Section 85: Audit Committee of Insurer
Section 123: Saving of actions taken in good faith
Section 27: Bylaws to be framed
Section 105: Provisions relating to meetings of the Council
Section 172: Repeal and Saving
Section 152: Complaint Hearing
Section 19: Part-time employment
Section 107: Inventory to be prepared
Section 17: Time and limitation for the Lodgement of First Information Report
Section 49: Qualifications of Directors
Section 92: Qualifications of Insurance Mediators
Section 61: Type of Insurance Business
Section 163: International Aid and Relation
Section 89: Provisions relating to seasonal enterprises
Section 61: Obligations of labour supplier
Section 77: Contract to be made
Section 90: Provisions relating to enterprise which is incorporated in foreign country and operates business in Nepal
Section 124: Right to lock-outs
Section 32: Fixation of working hours
Section 12: Vacancy in the office of Chairperson or Member
Section 25: Language of the contract
Section 154: Formation of Expert Groups
Section 55: Delegation of Powers
Section 21: Provisions relating to social security
Section 131: Misconduct and punishment
Section 1: Short title and commencement
Section 96: Investigation may be conducted
Section 1: Short title and commencement
Section 8: Formation of Central Sectoral Cooperative Association
Section 150: Insured Insurance Protections Fund
Section 39: Meeting General Meeting
Section 110: Recommendation for Improving Financial Condition of the Insurer
Section 160: Procedures of the cases
Section 85: Special provisions relating to construction labours
Section 19: Working Area of Association and Cooperative Bank
Section 110: To be deputed as representative
Section 85: Preference to be accorded
Section 100: Annual Report to be submitted
Section 63: Provisions concerning sale and withdrawal of shares
Preamble
Section 144: Notice to be given
Section 4: Prohibition on employing in forced labour
Section 49: Functions, duties and powers of Accounts Supervision Committee
Section 70: Duties of employer towards non-labour
Section 131: Operation and Management of Insurance in Province
Section 20: Fund of the Insurance Authority
Section 129: Complaint Regarding Loss or Damage
Section 93: Provisions relating to Office and inspectors
Section 35: Facilities not to be entitled to
Section 82: Provisions related to re-insurance contracts
Section 8: Right relating to trade union
Section 126: Apparent loss or damage
Section 84: Provisions relating to tea-estate labours
Section 156: Establishment of Insurance Institutions
Section 86: Appointment of Auditor of Insurer
Section 141: Employment may be terminated voluntarily
Section 149: Power to frame Rules
Section 3: To remain as minimum standards
Section 148: No Hindrance to take actions according to prevailing laws
Section 22: Provisions relating to Delivery of Notice
Section 61: Confidentiality to be maintained
Section 128: Prohibition on filing of case against loss
Section 68: Possession of Property Prohibited
Section 31: Refusal for Prior Approval and License
Section 167: Power of the Office to have execution of decisions
Section 59: Technical or Management Service Agreement
Section 71: Duties of the responsible person
Section 23: Foreign citizen to obtain work permit to work in Nepal
Section 27: To be considered ineligible
Section 109: Provisions to be made in Case improvement Not Achieved in the Condition of the Insurer
Section 34: Termination of membership
Section 153: Powers of Labour Court
Section 139: Security of employment
Chapter-2 Establishment of Authority and Its Functions, Duties and Power
Section 28: Application to be made
Section 35: List to be Published
Section 44: Sick leave
Section 60: Able to create a whistleblowing policy
Section 23A: Standards to be Followed
Section 93: Responsibilities of Insurance Intermediaries
Section 117: Liquidation of Insurance Company
Section 101: Insurer Deemed to be Problematic
Section 67: Prohibition on collecting fee from labour
Section 45: Prospectus and Issue of Shares
Section 112: Notice to be given for submission of liabilities
Section 141: Punishment
Section 42: Election of Board
Section 133: Annual Report Submit
Section 11: Oath to be taken
Section 79: Micro-Insurance Regulation Fees
Section 123: Special provisions relating to the submission of collective claims, demands
Section 14B: Not to carry out banking transactions in an illegal manner
Section 168: Power to Frame Rules
Section 27: Remuneration, conditions of service, benefits of and other provisions relating to foreign labours
Section 146: Recovery to be made as government due
Section 142: Employment may be terminated on the ground of incompetence
Section 5: Not to make unauthorised withdrawals or payments
Section 129: Collective bargaining or agreement to be made in good faith
Section 29: Granting License
Section 74: Obtained Approval While Selling Assets
Section 170: Implementing Guidelines and Procedures
Section 60: De-registration
Section 130: Observance of discipline and duties
Section 139: Procedures of Taking Actions
Section 113: Submission of individual claims
Section 17: Provisions relating to labour to be applicable
Section 143: Employment may be terminated on the ground of health
Section 161: Appeal to the Supreme Court
Section 183: Repeal and saving
Section 58: Books and Accounts
Section 87: Audit of Insurer
Section 140: Offence
Section 121: Right to strike for settlement of collective disputes
Section 142: Contract not to be concluded
Section 3: Establishment of the Authority
Section 9: Formation of Specialised Cooperative Association
Section 94: Delegation of Authority
Section 68: Reserve Fund
Section 173: Increment of insurance amount
Section 104: Functions, Duties and Powers of Special Administration Team
Section 91: Utilisation of Assets after Liquidation
Section 12: Formation of Cooperative Bank
Section 11: Prohibition on employment without entering into employment contract
Section 102: Formation of Central Labour Advisory Council
Section 149: No Obstruction for Punishment
Section 87: Special provisions relating to tourism labours
Section 33: Arrangement for transportation to be made
Section 97: To render necessary assistance
Section 109: Transfer may be made
Section 92: Registrar
Section 48: Mourning leave
Section 118: Conditions Relating to Liquidation of Insurer
Section 93: Functions, duties and powers
Section 143: Settlement of Disputes
Section 117: Report to be submitted
Section 33: Can open a liaison office
Section 39: Remuneration for reserve period
Section 137: Revocation (Cancellation) of License of the Insurer
Section 51: Reference interest rate may be determined
Section 98: Report to be submitted
Section 69: Secured Capital Redemption Fund
Section 43: Restriction on Distribution of Dividend
Section 182: Powers to frame rules
Section 147: Compulsory retirement
Section 107: Minimum remuneration fixation committee
Section 154: Proceeding against contempt of court
Section 105A: State Government may constitute a State Labour Advisory Council
Section 157: Collection of Statistics
Section 108: Internal management may be made
Section 26: Waiver in the Claim of Punishment may be Happen
Section 53: To receive gratuity
Section 120: Power to form labour arbitration tribunal
Section 114: Remedial Actions may be taken
Section 66: Liability of labours to rest on the main employer
Section 24: Restriction on Insurance Business without license
Section 94: Renewal of License of Insurance Intermediaries
Section 151: Insurance Development Fund
Section 87: Provisions concerning Amalgamation and Division
Section 13: No Operation of Cooperative Organisation without Registration
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