Gorkhap Institute Act, 2019

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Section 5
Ineligibility to be a Shareholder
: No one other than a citizen of Nepal or a company or a cooperative society registered under the laws of Nepal shall be allowed to buy shares or be a shareholder of the Institute.
Gorkhap Institute Act, 2019
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