Secured Transaction Act, 2063 (2006)

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Preamble
: For the economic development of the country, for the maximum promotion of economic activities, it is desirable to make a unified legal arrangement regarding safe transactions and to make the arrangement for non-fulfillment of obligations on movable and intangible assets immediately.
Secured Transaction Act, 2063 (2006)
Chapter - 4
Section 26: Maturity of mortgage rightsSection 27: Continuity of MaturitySection 28: Priority of mortgagee's rights in the same mortgaged propertySection 29: Priority of mortgage right over lienholder's rightSection 30: Implications of buying a mortgaged propertySection 31: Lessee of mortgaged propertySection 32: Notice of lien on the purchase priceSection 33: Sale of mortgaged property and gains thereonSection 34: Priority of mortgage rights on purchase price of equipmentSection 35: Priority of lien on purchase price in stock or domestic animalsSection 36: Priority of the right to take control of goodsSection 37: Connected similarSection 38: CropSection 39: InsertionSection 40: Miscellaneous GoodsSection 41: Purchase of Secured Sale Agreements and WarrantsSection 42: HandoverSection 43: Prohibition or Prohibition on Sale or TransferSection 44: Future DeliverySection 45: Alteration of priority