Compensation Act, 2019 (1963)

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Section 6
Payment of principal and interest of stock:

Irrespective of what is written in the prevailing Nepalese law, the bank shall, on behalf of the Government of Nepal, pay the principal and interest as mentioned in the stock to the owner or the person he wishes, subject to section 7.

Compensation Act, 2019 (1963)
Section - 1
Section 1: Abbreviation, and commencement:
Section - 2
Section 2: Definition:
Section - 3
Section 3: Any property can be acquired:
Section - 4
Section 4: Giving compensation:
Section - 5
Section 5: Right to issue stock:
Section - 6
Section 6: Payment of principal and interest of stock:
Section - 7
Section 7: Payment period and rate of interest:
Section - 8
Section 8: Bank may be the trustee of the stock:
Section - 9
Section 9: Expenditure on stock:
Section - 10
Section 10: Can establish Debt Redemption Fund:
Section - 11
Section 11: Proceedings related to stock:
Section - 12
Section 12: Stock listing:
Section - 13
Section 13: If a dispute arises in relation to the owner of a stock
Section - 14
Section 14: Amendment to the Birta Abolition Act, 2016
Section - 15
Section 15: Power to make rules
Preamble - 0
Preamble 0: Preamble
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