,

Course coverage: The course deals with three sets of laws.

i. One: the generic laws that make the businesses

'legal person' and perpetuate the business as fully compliant legal entity;
like
a. The Companies Act, 2063 6
b. The Industrial Enterprise Act, 2076 3, (IEA)
c. The Foreign Investment and Technology Transfer Act, (FITTA)
2075 2
d. The Labour Act, 2074 ILO Conventions 3
e. The Insolvency Act, 2063 (Liquidation) 1
f. The Consumers Protection Act 2075, 1
g. Special Economic Zone Act, 2073 1

ii. Two, product, sector or process-specific Acts, for example

a. The Banks and Financial Institution Act, 2073, (BAFIA,) 2
NRB act_ It regulates all banks in Nepal

b. The Banking offence and punishment Act, 2064.

c. The Insurance Act, 2049 1

(Legal Frameworks of Insurance in Nepal (Insurance Act, 2049
and Insurance Rules, 2049.)
iii. Three, international conventions, covenants and treaties that Nepal is a
party with recommendatory or mandatory obligation to comply or those
having bearing to Nepali businesses in terms of obligation, compliance
and costs.

a. Trade Related Aspect of Intellectual Property: 2

Types of Intellectual property (patent design and trade mark) Law

of Intellectual Property (Patent, Design and Trademarks Act, 2022,
Copy Right Act, 2059).
 b. WTO : World Trade organization’s principles and treaties 1
c. WIPO (Intellectual property) 1967 1
d. ILO Conventions and Recommendation 1

Note: Discussion will be there with reference to the relevant case as applicable.

Evaluation Criteria:

1. Attendance and class room participation 10 marks

2. Midterm 20 marks

3. Class presentation 15 marks

4. Dissertation 15 marks
5. Final (End Term): 40 marks
Total: 100 marks

Grading system:

86 & above A

80-85 A-

70-79 B+

60-69 B

56-59 B-

50-55 C+

45-49 C

40 -44 D

Below 40 F (fail)
A A- B+ B B- C+ C D F
3.70 3.30 3.00 2.70 2.30 2.00 1.00 0.00
Course Detail:
Part One, the generic laws:
Concept of legal environment of business with reference to Business
organization. (Sole enterprises, Partnership and Company Agency business)
1. Business organizations:
a. The Companies Act, 2063: Amendment 2074
i. Incorporation of a company and its features
ii. Types of company
iv. Board of directors and Board meeting
v. Company Meetings: Annual General Meeting and
EGM
vi. Merger of company
vii. Corporate finance : share capital loan capital
(Securities Act 2063)
viii. Auditing of the company
ix. Liquidation of the company (Insolvency Act 2063)
x. OECD principles and Concept of Good Corporate
Governance
xi. Some national and international leading company
cases.
References:
Companies Act, 2063 (2006) of Nepal
Companies Act, 2013 of India
Companies Act, 2006 of UK
Company Law, Avtar Singh, India
Company Law, Goers Company law, UK
Company Law, Abtar Neupane
Securities Act, 2063 (2006) of Nepal
OECD Principles Good Corporate Governance : concern web site.
Any other text related to the management and operation of the company and web sites.