Companies Act, 2063(2006), Chapter 12 - NEPAL MONETARY SOLUTIONS (NMS)

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Wednesday, April 9, 2014

Companies Act, 2063(2006), Chapter 12

CHAPTER 12
PROTECTION OF SHAREHOLDERS

(1) If on behalf of a company, any director or officer of the company does any act beyond his jurisdiction, any shareholder of such company may make a petition to the Court to prevent such act.

             Provided, however, that no petition may be made under this Section in connection with any act ….Read More….

(1) Based on the ground that the business of a company is carried on or is likely to be carried on in such a manner as to be prejudicial to the rights and interests of any shareholder of the company or that any act was done or intended to be done on behalf of the company ….Read More….

(1) A company may file in the Court a case against any director, office or shareholders or any person having control over the company pursuant to the consensus agreement to have any rights and interests of the company enforced.

(2) If the company concerned fails to institute a case under Subsection (1), any shareholder ….Read More….

(1) A public company or its subsidiary company shall, if the purchase or sale of any property by it results in the following situation, give information thereof to the Office:

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