Section 32: Can open a branch office

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The insurer may, by obtaining prior approval from the Nepal Insurance Authority, open a branch in Nepal or outside Nepal as prescribed.

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insurance act
nepal law

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Bonus Act 2030
Section 12: Vacancy in the office of Chairperson or Member
Section 14B: Not to carry out banking transactions in an illegal manner
Section 110: Recommendation for Improving Financial Condition of the Insurer
Section 41: Board of Directors
Section 9: Right to remedy
Section 16: Clarification as to Unclear Matter on Bidding or Pre-Qualification Documents
Section 62: Insurance Contract
Section 21: Transaction, Business, Industries, or Project may be operated
Section 86F: Power of the Bank for Corrective Action
Section 19: Proceedings may be initiated by detaining into the custody
Section 29: Coordination Required
Section 111: Other Provisions Regarding Special Management of The Insurer
Section 86: Provisions relating to transport labours
Section 15: Non-abuse of regulatory opportunity
Section 147: Prevailing law relating to companies not to apply
Section 168: Power to Frame Rules
Section 152: Repeal and Saving
Section 65: Group Insurance Fund
Section 5A: Approval to be Made
Section 88A: Power of the Bank to Carry Out Work of Resolution
Section 1: Short title and commencement
Section 147: Compulsory retirement
Section 5: Function, Duties and Powers of the Bank
Section 11G: Prohibition on Divulgence of Secrecy
Section 26: Waiver in the Claim of Punishment may be Happen
Section 85: Preference to be accorded
Section 22: Fines to be Imposed
Section 6: Not to obtain or make payment by way of abuse or unauthorised use of electronic means
Section 32: Opening of proposals
Section 7: Functions not to be Carried out by the Bank
Section 61: Reproduction and Counterfeiting of Currency
Section 6: Procurement Plan to be Prepared
Section 50: Transaction of Savings and Credits to be made concentrating on Member
Section 48: Discount Operation
Section 121: Provisions concerning Employees of Management Committee
Section 173: Increment of insurance amount
Section 101: Insurer Deemed to be Problematic
Section 57: Payment of Bill or Invoice
Section 170: Implementing Guidelines and Procedures
Section 76: To stop work in the case of immediate danger
Section 131: Misconduct and punishment
Section 38: Procurement Contract to be Concluded
Section 31: Refusal for Prior Approval and License
Section 2: Definitions
Section 35: Facilities not to be entitled to
Section 6: Formation of the Board
Section 9: Formation of Specialised Cooperative Association
Section 119: Power of The Authority to Initiate the liquidation Process
Section 64: Particulars of Foreign Exchange Transactions
Section 118: Settlement through mediation
Section 66: Security of Government of Nepal may be obtained
Section 102: Measures For the Reformation of Problematic Insurer
Section 20: Fund of the Insurance Authority
Section 39: Other Provision for Consultancy Services
Section 18A: Filing of Case
Section 107: No Responsibility for Acts Done in Good Faith
Section 60: Able to create a whistleblowing policy
Section 52: Contribution for provident fund
Section 112: Notice to be given for submission of liabilities
Section 4B: Payment for Sale of Goods or Provision of Services to a Foreigner
Section 150: Insured Insurance Protections Fund
Section 37: Power to Make a Directory
Section 95: Acts Deemed to be Offences Under this Act
Section 110: Power to Frame Rules and Bylaws
Section 36: Entitlement to annual increment in remuneration (grade)
Section 164: Decision may be made by the Labour Court
Section 106: Notice of the Work
Section 47: Dissolution of Board
Section 118: Terms and conditions of services of chairperson and members of Management Committee
Section 127: Remuneration for strike or lock-out period
Section 3B: Other Provisions Relating to Foreign Exchange Transactions
Section 82: Credits Recovery Tribunal
Section 85: Exchange of Mutual Cooperation
Section 73: Delegation of Power
Section 160: Procedures of the cases
Section 108: Oath of Office
Section 71: Duties of the responsible person
Section 5: Registration Required
Section 108: Internal management may be made
Section 159: Submission of Report to Government of Nepal
Section 43: Functions, duties and powers of Board
Section 19: Document to be Void
Section 116: Insurer Many Acquire Another Insurer
Section 15: Appointment of the Governor
Section 178: Transitional provisions
Section 26: Rejection of Bids or Cancellation of Procurement Proceedings
Section 56: No Distribution of Dividend
Section 109: This Act to be Applicable
Section 28: Right to File a Complaint
Preamble
Section 138: Punishment may be remitted
Section 95: Powers, functions and duties of inspector
Section 135: Opportunity to be given to submit clarification
Section 14: Continuity of existence of the employment relationship despite change in ownership
Section 97: To render necessary assistance
Section 32: Restriction on membership
Section 9: Procurement to be Made by Inviting Open Bid
Section 17: Buyer’s Obligations
Section 96: Penalty and Punishment
Section 27: Acting Governor
Section 87: Special provisions relating to tourism labours
Section 40: Catastrophic Fund
Section 90: Account System
Section 15: International Level Bidding
Section 12: Employment relationship to be established
Section 88N: Exchange of Reciprocal Assistance
Section 37: Entitlement to festival expense
Section 67: Procurement process under this Act not to be applied
Section 57: Soiled or Counterfeit Currency
Section 11F: Power to Hold in Detention
Section 108: Provisions After the Achievement of Improvement in Condition of the Insurer
Section 2: Definitions
Section 27: Monitoring and Inspection of Electronic Commerce
Section 113: Audit Report to be prepared
Section 69: Activities restricted to be carried on by Insurance Company
Section 103: Functions, duties and powers of the Council
Section 30: Functions, Duties and Powers of the Governor
Section 29: Consultancy Services May be Procured
Section 10: Formation of Federation of National Cooperatives
Section 12: Formation of Cooperative Bank
Section 100: Annual Report to be submitted
Section 74: Obtained Approval While Selling Assets
Section 35: Evaluation of Financial Proposals
Section 11D: Power to Search Building or Place of Transaction
Section 51: Leave not as a matter of right
Section 139: Security of employment
Section 15: Responsibilities of Traders Carrying Out E-Commerce Based on the List
Section 110: To be borne from Assets of Organisation or Association
Section 130: Government of Nepal to be a plaintiff
Section 11E: Power to Arrest
Section 21: Accounting of Income and Expenditure
Section 26: Remuneration may be repatriated in convertible foreign currency
Section 51: Monetary Unit
Section 123: Special provisions relating to the submission of collective claims, demands
Section 72: Duties of manufacturers, importers and suppliers
Section 15: Power of the Government of Nepal to Give Directives
Section 180: This Act not to apply
Section 46: Compulsory Deposit of Commercial Banks and Financial Institutions
Section 54: Medical insurance to be made
Section 5: Not to make unauthorised withdrawals or payments
Section 70: The Insurance Appraisal
Section 29: Not to compel to work overtime
Section 67: Prohibition on collecting fee from labour
Section 121: Right to strike for settlement of collective disputes
Section 50: Disqualifications of Directors
Section 46: Birth registration certificate to be submitted
Section 10: Coordination with Public Bodies
Section 70: Legal Documents to be Kept on Website
Section 68: International Clearing and Payment Agreements
Section 159: To forward the matter to the body having jurisdiction
Section 148: No Hindrance to take actions according to prevailing laws
Section 22: Provisions relating to Delivery of Notice
Section 47: Application May be Filed Before the Chief of Public Entity
Section 88I: Sequence of Priority of Payment
Section 92: Registrar
Section 102: Mutual Security Services may be conducted
Section 63: Management of Foreign Exchange
Section 128: Nepal Rastra Bank may punish
Section 158: High Court to perform functions of Labour Court
Section 44: Construction Works May be Caused to be Carried Out by the Users Committee or Beneficiary Community
Section 140: Termination of time-based and work-based employment
Section 25: Evaluation of Bids
Section 31: Application to be submitted to acquire membership
Section 7: Duty of Persons Who Have Source to Obtain Foreign Exchange
Section 51: Procurement Proceeding to be Withheld
Section 71: Allocation of Savings
Section 157: Case may be compromised
Section 5: Formation of District Cooperative Association
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