: In this Act, unless the subject or the context otherwise requires,-
(a) "Company" means a company incorporated under this Act (b) "Private Company" means a private company established in accordance with this Act.
(c) "Public Company" means a company other than a private company (d) “Principal Company” means the company controlling the Subsidiary Company.
(e) “Subsidiary Company” means a company under the control of the Principal Company.
(f) "Foreign Company" shall mean a company incorporated outside the State of Nepal.
(g) "Listed Company" means a public company which has listed its securities on the stock exchange.
(h) "Non-distributing company" means a company incorporated under Chapter-19 on the condition that dividends or any other amount cannot be distributed or paid to the members from the amount of profit or savings earned for achieving any purpose.
(i) "Founder" means a person who approves what is written in the memorandum and articles of association to be filed before the office to establish the company and signs as the founder.
(j) "Officer" means the director, executive head, manager, company secretary, liquidator and any employee who takes departmental responsibility of the company.
(k) "Articles of Association" means Articles of Association of the Company.
(l) "Regulations" means the company's regulations.
(d) "Prospectus" means the prospectus to be published by the company as per section 23.
(l) "Share" means the divided part of the share capital of the company.
(n) "Preference Share" shall mean shares issued as Preference Shares in accordance with this Act.
(i) "Ordinary Share" means shares other than Preference Shares.
(q) "Bonus share" means the shares issued as additional shares to the shareholders by capitalizing the surplus or reserve fund from the profits of the company and the term capitalizes the surplus or reserve fund.It also refers to the situation of increasing the paid amount of shares.
(d) “Shareholder” means a person owning shares in the Company.
(d) "Debenture" means a debenture issued by the company with or without securing the equity of the company.
(N) "Debenture Trustee" means an organized body that takes responsibility for protecting the interests of debenture holders when the company issues debentures.
(c) "Registration book" means the registration book of shareholders or debenture holders established in accordance with section 46.
(P1) "Electronic records" means all types of documents submitted by the company to the office in electronic form and the documents sent by the office to the company are securely stored in the computer system.
(f) “Company Seal” means the Company Seal used by the Company.
(b) "Securities Board" means the Securities Board established in accordance with prevailing laws to regulate and regulate securities.
(b) "Securities" means shares, bonds, debentures or bonds issued by the company and the term also refers to compensation related to securities and rights and authorizations related to securities.
(m) "Director" means the director of the company and the term also refers to the alternate director. (c) "Board of Directors" means the board of directors of the company.
(r) “Managing Director” means the Managing Director of the Company.
(l) "Premium price shares" means shares issued by the company which are sold at a price higher than the reserve price of the shares.
(v) "net worth" means the amount of paid-up capital and any named reserves, funds or accumulated profits or any goodwill of the company other than the amount of paid-up capital and shareholders' entitlements from the company's immediate total assets, including all liabilities and sunk losses if any; The remaining amount after deduction should be remembered.
(q) "Unanimous agreement" means the immediate existence of all the shareholders of the private company for the operation of the companyIt should be considered as an agreement made by consensus.
(f) "Office" means the office of the Registrar of Companies established by the Government of Nepal to administer the company and the term also refers to the branch office of the office of the Registrar of Companies.
(c) “Registrar” means the Registrar of the office (h) "Independent director" means an independent director appointed under sub-section (3) of section 86.
(k) "Court" means the commercial bench of the court appointed by the Government of Nepal with the consent of the Supreme Court and published in the Nepal Gazette.
(c) "close relative" means a relative or spouse of a spouse, father, mother, mother-in-law, father-in-law, brother, sister, sister-in-law, daughter-in-law, brother-in-law, sister-in-law, nephew, uncle, aunt, maternal uncle, cousin, son, Should mean daughter, son-in-law, grandson, granddaughter, granddaughter-in-law or son-in-law.
(G) "Prescribed" or "as prescribed" shall mean as prescribed or prescribed by the Government of Nepal by publishing a notice in the Nepal Gazette.