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Insurance business was started in Nepal by Nepal Bank's Maal Chalani Tatha Beema Company (translating to Transport and Insurance company) in 2004 B.S. Until 2026 B.S., the insurance business in Nepal was regulated by Nepal Government's Insurance Act, 1968 A.D. Feeling a need for effective regulation and control of insurance business, Nepal Government took steps to establish a dedicated ...
The constitution is largely written in gender-neutral terms. Among its important aspects: Internalization of the people's sovereign right and right to autonomy and self-rule, while maintaining freedom, sovereignty, territorial integrity, national unity, independence and dignity of Nepal.
Fundamental rights and duties in Nepal are the basic human rights mentioned in the Part III of Constitution of Nepal for every Nepalese citizen. This allows a Nepalese citizen to live a life with dignity. Article 16 to Article 46 of the Nepalese constitution guarantees 31 fundamental rights to Nepalese people.
Insurance companies in Nepal are regulated by Nepal Beema Pradhikaran (Nepal Insurance Authority), an arm of Nepal Government's Ministry of Finance. As of November 2023, a total of 35 insurance companies are offering Life, Non-Life (General), Micro and Re-insurance services. Life Insurance Companies As of November 2023, 14 life insurance companies are in operation in Nepal: S.N Life Insurance ...
The Mulukī Ain of 1854 is the foundational legal text for modern Nepal. [8] The laws remained largely unchanged until 1963. In 2018, the Mulukī Ain was replaced by the new criminal and civil codes, and their respective codes of procedure.
The Constitution of Nepal has empowered CIAA to investigate and probe cases against the persons holding any public office and their associates who are alleged to indulge in the abuse of authority by way of corruption. [1] As a constitutional body, the authority vested on CIAA are as per the Article 238 and 239 of the Constitution of Nepal. [2]
Constituent Assembly elections were held in Nepal on 19 November 2013. [1] The vote was repeatedly delayed, [2] having previously been planned for 22 November 2012 following the dissolution of the 1st Constituent Assembly on 27 May 2012, but it was put off by the election commission. [3]
Kingdom of Nepal (1768 - 2008), first time introduced legislature in 1948. Rana Prime Minister Padma Shumsher Jang Bahadur Rana forms Constitution Reform Committee to draft first constitution of Nepal in 1947 and Government of Nepal Act, 1948 passed in 1948. However, Mohan Shumsher Jang Bahadur Rana suspended the promulgation of the ...