You are viewing the translated version of संगठित संस्था स्वामित्वमा लिने वा संगठित संस्थामाथिको नियन्त्रण सम्बन्धी व्यवस्था.

Section 109
Provisions relating to the ownership or control of an organized body

(1) If a person or a group of persons or an organized organization buys the shares of such an organized organization in lump sum or from time to time for the purpose of taking full ownership of an organized organization or controlling the management of that organized organization, the transaction related to the purchase and sale of such shares shall be done in a transparent manner. 2) If any person or group of persons join together or any organized organization purchases or owns more than fifty percent of the shares of any organized organization or the percentage determined by the board, it shall be deemed to have control over the management for the purpose of sub-section (1). (3) According to sub-section (1). In order to obtain full ownership of the organized organization or control over the management of the organized organization, the method of making a proposal for the sale of shares of the organized organization, the process of buying and selling shares and other related arrangements shall be as prescribed.