
The Company Act 2063 (2006) is the legal framework governing companies in Nepal.
It is also known as the "Companies Act, 2006" in English and "कम्पनी ऐन २०६३" in Nepali.
The Act was passed in Nepal in 2063, according to the Nepalese calendar. This law is important for how companies are formed, operated, and managed in Nepal.
Key provisions of the Company Act 2063 (2006) Nepal include:
- Types of Companies: The law talks about different types of companies, like private limited companies, public limited companies, and non-profit companies. Each type of company has its own specific rules and regulations.
- Incorporation: The Act tells us how companies are created and registered. This includes rules like requirements for name reservation, minimum capital, and registration documents.
- Share Capital: The Act regulates how shares are issued, transferred, and maintained by companies. It also sets rules for share certificates and the share register.
- Corporate Governance: The Act explains what directors, officers, and shareholders should do. It also guides companies on operating properly, such as holding yearly meetings, maintaining records, and managing other important tasks.
- Financial Reporting: The Act says that companies need to report their finances and have them checked by auditors. It also explains how to create and send financial statements and choose auditors.
- Dissolution and Insolvency: The Act also has rules for ending and closing down companies. It has guidelines for when companies can't pay their debts and what happens if they go bankrupt.
- Compliance and Penalties: The Act decides the punishments for people or companies breaking its rules. It also explains how the government ensures everyone follows these rules.
- Regulatory Authority: In Nepal, there's an office called the Office of the Company Registrar (OCR). This office makes sure that the rules in the Companies Act are followed. They make sure companies register properly and follow the rules correctly.
Company Act 2063 (2006) in Nepali:
The PDF copy of the Companies Act 2063. Provided below, was downloaded from the Office of the Company Registrar, Ministry of Industry.
Company Act 2063 (2006) in Nepali: Download
Company Act 2063 (2006) in English:
The PDF copy of the Companies Act 2063. Provided below, was downloaded from the Office of the Company Registrar, Ministry of Industry.
Company Act 2063 (2006) in English: Download
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