Section 3
Establishment Of Corporation
3. Establishment of Corporation :
(1) A Corporation shall be established in the name of Nepal Airlines Corporation.
(2) The Corporation shall be an autonomous corporate body having perpetual succession. This corporation shall have its own separate seal for all of its business. It may acquire, enjoy, possess and transfer movable and immovable properties subject to this Act. It shall have the right to sue on its behalf and may be sued against it as well.
(3) The Head Office of the Corporation shall be located at Kathmandu or at any other place specified by Government of Nepal and may establish its branch office inside or outside of Nepal
(1) A Corporation shall be established in the name of Nepal Airlines Corporation.
(2) The Corporation shall be an autonomous corporate body having perpetual succession. This corporation shall have its own separate seal for all of its business. It may acquire, enjoy, possess and transfer movable and immovable properties subject to this Act. It shall have the right to sue on its behalf and may be sued against it as well.
(3) The Head Office of the Corporation shall be located at Kathmandu or at any other place specified by Government of Nepal and may establish its branch office inside or outside of Nepal