If you would like to learn about blacklisting process in Nepal and the legal actions from the public procurement monitoring office then see the below procedures and legal aspects of blacklisting process. What exactly is blacklisting ? Black listing is the practice of compiling a list of debtors and those associated with financial wrongdoing in …
Like banks, in order to set up a hire purchase company it must be approved from the Nepal Rastra Bank.The Nepal Rastra Bank grants permission to set up a hire purchase company after the requirement is fulfilled. It should be renewed time and again in accordance with law. After the hire purchase company is established, …
In Nepal, banking fraud is on the rise. The patent system has undergone a revolution as a result of modernization. People no longer carry paper money these days. Even a small vegetable vendor uses a QR Code to accept payment. This article examines banking fraud that occurs around the world and defines the legal remedies …
The Supreme Court of Nepal has clearly stated what a trademark is according to legal standards and who should have ownership of it. The following is an explanation of the trademark in the case of Tejram Dharampal of Delhi, India vs. Shri Ganapati Toba’s Pvt. Ltd. (NKP 2076 Decision No. 10303 Page 3842).Intellectual property is fundamental …
The principles established by a court’s decision are known as precedent. The legal concept established by the court in respect to hearing and determining cases is known as precedent. Unless reversed by a court of law, rule, or decision, precedent-setting ideas become required and binding. There can be no decision issued against the precedent, and …