FAQ

Arbitration Agreements on Arbitration What are the formal requirements for an arbitration agreement to be enforceable? Arbitration agreements must be in writing to be enforceable, and the parties must have an established legal connection, whether contractual or not. The need that an agreement be in writing will be met by: an arbitration clause in the …

Arbitration Law in Nepal

Arbitration is a fast and private way to settle disputes in the global corporate sector, including Nepal. Corporate Lawyer Nepal is a renowned Corporate Law Firm in Nepal, offering first-rate Arbitration and Alternative Dispute Resolution (ADR) services. Our firm places a premium on legal experience, professionalism, and a thorough understanding of Corporate Arbitration Proceedings. Corporate …

Nepal Arbitration Law And Procedure

Arbitration is becoming more prominent as a means of conflict settlement in Nepal. The Arbitration Act, 2055 (1999) governs arbitration in Nepal. Arbitration is also recommended as a default dispute resolution mechanism for government procurement agreements by the Public Procurement Monitoring Office. Model Law of the UNCITRAL Is the arbitration legislation based on the Model …

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Automatic Rule launches for Foreign Investment in Nepal 2023-2024

The department of Industry (DoI) will take an automatic route in order to establish a conducive atmosphere for attracting foreign direct investment. By eliminating the laborious process, the department has simplified the process of attracting foreign direct investment through a one-door approach. In the current fiscal year’s budget, it was stated that foreign investment of …

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The Grey List: More Economic Trouble for Nepal

A task force has been formed to combat illegal activities such as terrorist financing, money laundering, and other illegal practices that jeopardize financial integrity in countries around the world. The Financial Action Task Force, or FATF, is the name of the Task Force. the then Hon. Bishnu Paudel, Nepal’s finance minister, stated in 2014 that …