Section 14
Dissolution
14. Dissolution: The Government of Nepal may, if it considers necessary to dissolve any Corporation, dissolve the Corporation by publishing a notice in the Nepal Gazette, and after the notice has been published accordingly:
(a) All assets and liabilities of the Corporation shall devolve on the Government of Nepal,
(b) All contracts and agreements concluded with the Corporation, except those concluded with mala fide intention, shall be deemed to have been concluded with the Government of Nepal.
(a) All assets and liabilities of the Corporation shall devolve on the Government of Nepal,
(b) All contracts and agreements concluded with the Corporation, except those concluded with mala fide intention, shall be deemed to have been concluded with the Government of Nepal.