Section 21: Claim or Complaint Not to Lie

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1) No case, complaint or legal action of any kind shall be instituted in any court against any person for any act done or purported to be done by that person in good faith in accordance with this Act or the Rules, By-laws, orders, notices or directions framed or issued under this Act.

2) No claim of any kind may be made for any loss or damage to any person as a result of the non-provision of the foreign exchange by the Government of Nepal, the Bank, or a licensee to that person (except for knowingly or recklessly).

Tagged:
Foreign Exchange (Regulation) Act 2019
nepal law

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Section 11C: Power to Stop and Search Motor Vehicle
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Section 79: Debts to be recovered
Section 20: Validity Period of Bid
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Section 62: Insurance Contract
Section 19: Working Area of Association and Cooperative Bank
Section 7: Prohibition on discrimination in remuneration for equal work
Section 103: Functions, duties and powers of the Council
Section 167: Power of the Office to have execution of decisions
Section 10: Not to acquire assets or open account by borrower who has over dues
Section 58: Functions, Duties and Power of Chief Executive
Section 38: Functions, Duties and Powers of Annual General Meeting
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Section 134: Due Amount to be recovered
Section 20: Cooperation to be extended
Section75: Saving from action
Section 77: Restriction on Rate of Interest
Section 34: Opening of Financial Proposal
Section 49: Accumulation of leave
Section 31: Delegation of powers
Section 14: Continuity of existence of the employment relationship despite change in ownership
Section 85: Special provisions relating to construction labours
Section 146: Recovery to be made as government due
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Section 147: Prevailing law relating to companies not to apply
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Section 40: Weekly leave
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Section 77: Ineligibility for Appointing Auditor
Section 9: Right to remedy
Section 119: Settlement of dispute through arbitration
Section 49: Loan and Refinance to Commercial Banks and Financial Institutions
Section 16: Clarification as to Unclear Matter on Bidding or Pre-Qualification Documents
Section 8: Duty of Importers
Section 52: Procurement Contract and Terms and Conditions Thereof
Section 168: Power to Frame Rules
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Section 128: Prohibition on filing of case against loss
Section 110: Recommendation for Improving Financial Condition of the Insurer
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Section 88C: Function, Duty and Power of Special Administration Team
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Section 8: Qualification and Disqualification of Chairperson and Member
Section 2: Definition
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Section 41: Board of Directors
Section 138: Punishment may be remitted
Section 11J: To Submit Report
Section 132: Details to be Provided
Section 38: Confidentiality
Section 106A: Not to Work in Commercial Bank or Financial Institution
Section 57: Soiled or Counterfeit Currency
Section 81: To engage in easier work
Section 69: Secured Capital Redemption Fund
Section 90: Work should not be done without a license
Section 147: Compulsory retirement
Section 70: Duties of employer towards non-labour
Section 11E: Power to Arrest
Section 11D: Power to Search Building or Place of Transaction
Section 74B: Right to Remove Obstacles
Section 46: Compulsory Deposit of Commercial Banks and Financial Institutions
Section 98: Ministry to conduct Inspection and Monitoring
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Section 117: Report to be submitted
Section 28: To be governed as per the prevailing laws
Section 9: Payment of Price of the Exported Goods
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Section 26: Fulfilment of Vacant Office
Section 78: Exemptions, Facilities and Discounts
Section 113: Submission of individual claims
Section 42: Substitute leave
Section 127: Remuneration for strike or lock-out period
Section 86B: Commercial Bank and Financial Institution Deemed to be Problematic
Section 32: Opening of proposals
Section 19: Remuneration and Other Benefits to the Directors
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Section 150: To issue the certificate of experience
Section 100: Regulation Fee
Section 62: Liquid Assets to be maintained
Section 108: Oath of Office
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Section 20: Fund of the Insurance Authority
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Section 105: Formation of Management Committee
Section 67: Issuance of Debt Bond Against Gold and Foreign Currency
Section 110: To be deputed as representative
Section 65: Loans or Grants may be obtained
Section 34: Cancellation of License
Section 94: Delegation of Authority
Section 89: Fiscal Year
Section 91: License to Insurance Mediators
Section 6: Procurement Plan to be Prepared
Section 95: Cancellation of License
Section 133: Annual Report Submit
Section 135: Opportunity to be given to submit clarification
Section 58: Books and Accounts
Section 23: Audit Committee
Section 37: Functions, Duties and Powers of Preliminary General Meeting
Section 43: Provision Relating to Renting House and Land and Obtaining Service on Contract
Section 9: Not to misuse banking resources, means and assets
Section 114: Remedial Actions may be taken
Section 142: Contract not to be concluded
Section 14B: Not to carry out banking transactions in an illegal manner
Section 106: Notice of the Work
Section 1: Short title and commencement
Section 34: Audit Committee
Section 6: Formation of Provincial Sectoral Cooperative Association
Section 9B: Acts Not to be Done by the Exporter
Section 17: Deadline for Submission of Bids or Pre-Qualification Proposals
Preamble
Section 32: Fixation of working hours
Section 12: Pre-Qualification to be Determined
Section 83: Dues to recover
Section 8: Not to misuse credit
Section 141: Employment may be terminated voluntarily
Section 62: Foreign Exchange Policy
Section 60: De-registration
Section 154: Formation of Expert Groups
Section 4: Description of Goods, Construction Works and Services to be Prepared
Section 24: Non-Procession of Bids
Section 159: Submission of Report to Government of Nepal
Section 88F: New Balance Sheet to be Prepared
Section 117: To hold negotiations on collective claims, demands
Section 84: Provisions relating to tea-estate labours
Section 11: International Cooperation and Relationship
Section 41: Provision for Direct Procurement
Section 123: Settlement of Insurance Claim
Section 111: Authority to be suspended ipso facto
Section 61: Confidentiality to be maintained
Section 107: Inventory to be prepared
Section 70: The Insurance Appraisal
Section 151: Standards, Directives or Procedures may be framed and submit
Section 11: Not to stop credit facility in the way to loss working project of borrower
Section 59: Account of Issued Currency
Section 116: Recommendation may be made
Section 3: To remain as minimum standards
Section 69: Duties of employer towards labour
Section 136: Exercise of Voting Right
Section 91: To observe fair labour practice
Section 115: Management Committee may write to take action
Section 66: Insurance Not to Be Done
Section 22: Opening of Bids
Section 14: Application to be Submitted for Registration
Section 68: Formulation of safety and health Policy
Section 86C: Bank to Take Action Against Problematic Commercial Bank or Financial Institution
Section 105A: State Government may constitute a State Labour Advisory Council
Section 46: Birth registration certificate to be submitted
Section 102: Filing Appeals
Section 109: Transfer may be made
Section 3: License to be Obtained to Carry on Foreign Exchange Transaction
Section 4:
Section 39: Meeting General Meeting
Section 177: Labour coordination committee
Section 74: Power to Make Rules
Section 183: Repeal and saving
Section 57: Prohibition of Purchase of Goods with Commercial Objectives
Section 102: Measures For the Reformation of Problematic Insurer
Section 11I: To Give Receipt
Section 91: Utilisation of Assets after Liquidation
Section 121: Right to strike for settlement of collective disputes
Section 73: Investment in Subsidiary Company
Section 66: Foreign Exchange Reserve
Section 15: International Level Bidding
Section 124: Payment of Re-insurance Claim
Section 111: Guidelines to be Framed and Implemented
Section 151: Formation of Labour Court
Section 41: Allocation of net profit
Section 79: Micro-Insurance Regulation Fees
Section 55: Issuance of Currency and Security
Section 153: Not to Make Insurance Transactions with Anyone Except Insurer
Section 43: Functions, duties and powers of Board
Section 18: Tenure of Office of the Director
Section 94: Report on Monetary Policy
Section 11: Oath to be taken
Section 92: Qualifications of Insurance Mediators
Section 60: Public Notice of Procurement Contract
Section 51: Monetary Unit
Section 22: Audit
Section 112: Final Report to be Submitted
Section 65: Group Insurance Fund
Foreign Exchange (Regulation) Act 2019
Section 16: Trainees may be engaged in work
Section 64: Insurance Premium
Section 11: Power to Demand Statements
Section 10: Types of employment
Section 36: Entitlement to annual increment in remuneration (grade)
Section 88I: Sequence of Priority of Payment
Section 84: Inspection and Supervision
Section 145: Departmental actions may be taken
Section 14A: Not to carry out Dhukuti transactions
Section 6: Prohibition on discrimination
Section 109: This Act to be Applicable
Section 4B: Payment for Sale of Goods or Provision of Services to a Foreigner
Section 86: Provisions relating to transport labours
Section 49: Functions, duties and powers of Accounts Supervision Committee
Section 82: Special provisions relating to treatment of occupational disease
Section 104: Organisation or Association may be declared problematic
Section 33: Can open a liaison office
Section 23: Notice to be published
Section 131: Operation and Management of Insurance in Province
Section 12: Power of Bank to Give Direction, Frame By-Law or Issue Order or Notice
Section 31: Soliciting Proposals
Section 58: Labours may be employed through supplier
Section 86: …………………
Section 171: Act Implementation Measurement
Section 92: Auditing
Section 93: Submission of Report to Government of Nepal
Section 76: Bank’s Approval Required for Accepting Deposits or Giving Credits
Section 24: Resignation by Director
Section 14: Invitation to Bids
Section 101: Cooperative Savings and Credits Security Fund
Section 87: Audit of Insurer
Section 36: Paid Up Capital of the Insurer
Section 74: Consultation on the Matter of Law Reform
Section 67A: Procurement Proceedings Should Not Be Obstructed
Section 44: Directors not to continue to hold the office
Section 89: Recommending Action
Section 51: Discontinue to hold the office of Director
Section 70: Consultation and Information Relating to External Debt
Section 22: Power to Frame Rules
Section 37: May order capital reduction
Section 139: Financial Assistance to be provided
Section 144: Notice to be given
Section 89: Provisions relating to seasonal enterprises
Section 1: Short Title and Commencement
Section 159: To forward the matter to the body having jurisdiction
Section 54: Functions of Cooperative Bank
Section 32: Can open a branch office
Section 134: Power of The Authority
Section 79: Regulatory Powers of the Bank
Section 9: Formation of Specialised Cooperative Association
Section 149: No Obstruction for Punishment
Section 27: Acceptance of Bid and Procurement Contract
Section 30: Provisions relating to overtime
Section169: Enact and Enforce Regulations
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