SEBON Registration Now Mandatory for Investment Companies
IntroductionThe Securities Board of Nepal (SEBON) has issued a call for the registration of investment companies meeting specific criteria. This follows a decision by the Government of Nepal dated Poush 18, 2081 (January 2, 2025), made under Section 7, Sub-section (2) of the Asset (Money Laundering) Prevention Act, 2064, designating SEBON as the regulatory body for such...
Tax Treaties Not Relevant? Says Nepal’s Supreme Court Ruling
Facts of the Case
In the case of Duo Soft Overseas Private Limited vs. Department of Revenue Investigation (“DRI”), D. N. 8841 decided on September 8, 2012 (2069/05/23 B.S.), the Supreme Court of Nepal, presided over by Justices Damodar Prasad Sharma and Bharat Raj Upreti, ruled on the taxation of income generated by an Indian company. Duo Soft Overseas Private...
Client Update: Government of Nepal amends Investment Laws Through Ordinance
In a significant development aimed at improving the investment climate in Nepal, the Government of Nepal has introduced an ordinance that brings key amendments to the Foreign Investment and Technology Transfer Act, 2019 (“FITTA”) and related investment laws, including the Nepal investment law amendment. The ordinance, issued on January 10, 2025, simplifies procedures for...
Niti Partners Hosts Webinar on “Business of Sports: Protecting Image Rights and Managing Contracts”
Niti Partners, in association with the Esports Association of Nepal, Nepal Education and Research Network, and Nepal Journalist Forum, conducted a webinar to educate players on their rights and strategies for negotiating contracts. The session focused on protecting image rights and managing contracts in the evolving sports and esports industries.
Slides from the session can be accessed...
Why Termination Price Clauses Matter?
Our Managing Partner recently contributed an article to New Business Age on the importance of termination price clauses in business agreements.
Read the full article here: https://newbusinessage.com/article/why-termination-price-clauses-matter
Supreme Court on Validity of Power Purchase Agreement
Discover the implications of the Supreme Court’s landmark decision affirming the validity of Nepal’s long-term power trade agreement with India. This detailed document explores the Court’s rationale, the constitutional considerations, and the broader impact on Nepal’s energy sector and bilateral relations.
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