Section 3
Guthi Corporation To Continue To Exist
(1) The Guthi Corporation established under the Guthi Corporation Act, 2021(1972) shall continue to exist as if it were established under this Act.
(2) The Corporation shall be an autonomous and corporate body having perpetual succession. It shall have a separate seal of its own for all of its functions. It may sue and be also sued in its own name.
(3) Subject to this Act and the Bye-laws framed hereunder, the Corporation may acquire, use, and transfer in any manner any movable and immovable property.
(4) The head office of the Corporation shall be situated at Kathmandu.