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Section 26
Profit Distribution
The distribution and utilization of profits made by the Institute will be as prescribed.
Gorkhap Institute Act, 2019
Preamble - 0
Chapter - 2
Section 3: Establishment of InstituteSection 4: Capital shares and shareholdersSection 5: Ineligibility to be a ShareholderSection 6: Right to take grant and loanSection 7: RegulationSection 8: Formation of Board of Directors and Term of DirectorsSection 9: Disqualification as a directorSection 10: Situations where directors can be removedSection 11: Resignation of directors and filling of vacanciesSection 12: Remuneration of DirectorsSection 13: Meeting of the CommitteeSection 14: Appointment of General Manager, Consultants and other staffSection 15: Managers are not allowed to participate in the meetingSection 16: Restrictions on Directors and General Managers of the InstituteSection 17: Tasks and Duties of the InstituteSection 18: Need to obtain prior approval of the Government of NepalSection 19: Submission of program
Chapter - 6
Section 28: To promise confidentiality and non-disloyaltySection 29: XXXXXXSection 30: PunishmentSection 30A: Contact with the Government of NepalSection 30B: No Local TaxSection 31: XXXXXXSection 31A: Officials' Defense of DamagesSection 32: Power of the Government of Nepal to make rulesSection 33: Right of the Institute to make regulationsSection 34: This will be according to the Act