Securities Act, 2063 (2007)
Section 41
Minimum Capital And Financial Source
The paid up capital of a body corporate carrying on a stock exchange shall be so prescribed by the Board, from time to time, as it shall not to be less than fifty million rupees; and the body corporate shall maintain such financial source as may be adequate for the provision of stock exchange that it carries on.
Securities Act, 2063 (2007)
Chapter - 2
Section 3: Establishment Of BoardSection 4: Board To Be An Autonomous And Body CorporateSection 5: Functions, Duties And Powers Of The BoardSection 6: Meeting And Decision Of BoardSection 7: Appointment Of ChairpersonSection 8: Functions, Duties And Powers Of The ChairpersonSection 9: Remuneration, Meeting Allowance And Other Facilities Of Chairperson And MemberSection 10: Qualification Of Chairperson And MemberSection 11: Disqualification Of Chairperson And MemberSection 12: Circumstances On Which A Chairperson And A Member May Be Removed From OfficeSection 13: Resignation Of Chairperson And MemberSection 14: Fulfillment Of VacancySection 15: Proceeding Not To Be InvalidSection 16: Powers To Form Committee Or Sub-committeeSection 17: Delegation Of PowersSection 18: Requirement Of Disclosure In Regard To Conflict Of InterestSection 19: Provisions Relating To Accounts Experts, Advisors And EmployeesSection 20: To Take OathSection 21: SecrecySection 22: Fund Of BoardSection 23: Provision Of Revolving FundSection 24: Accounts Of BoardSection 25: Auditor And AuditSection 26: Annual Report
Chapter - 4
Section 36: License To Be Obtained To Operate Stock ExchangeSection 37: Application To Be Made To Carry On Stock ExchangeSection 38: Issue Of A License To Carry On Stock ExchangeSection 39: The Board May Specify TermsSection 40: Power To Refuse To Issue License To Carry On Stock ExchangeSection 41: Minimum Capital And Financial SourceSection 42: Validity Period And Renewal Of A License To Carry On Stock ExchangeSection 43: Transactions Of Recognized SecuritiesSection 44: Managerial Responsibility Of Stock ExchangeSection 45: Functions, Duties And Powers Of Stock ExchangeSection 46: Disclosure To Be Made By Stock ExchangeSection 47: Stock Exchange To Submit A ReportSection 48: Stock Exchange To Issue DirectionSection 49: Ceiling Of Securities Transactions May Be FixedSection 50: Charge To Be Paid By Stock ExchangeSection 51: Stock Exchange To Assist BoardSection 52: Information Of Action To Be GivenSection 53: Stock Exchange To Provide For Compensation FundSection 54: Provisions Relating To Operation Of Compensation FundSection 55: Board To Make Provisions On Compensation
Chapter - 5
Section 56: License To Be Obtained To Carry On Securities BusinessSection 57: Application For License To Carry On Dealing In SecuritiesSection 58: A License To Carry On Securities Business To IssueSection 59: Board To Specify Terms And ConditionsSection 60: Power To Refuse To Issue A License To Carry On Securities BusinessSection 61: Validity And Renewal Of A License To Carry On Securities BusinessSection 62: Power To Prescribe For Carrying On Securities Business Through A Subsidiary CompanySection 63: Types Of Securities BusinessSection 64: License Not To Be Issued To Carry On Securities Business Without Specifying AgentSection 65: Formal AgentSection 66: Rights Of Securities Business PersonSection 67: Minimum Capital And Financial Source Of Securities Business PersonSection 68: To Maintain Records Of Securities Business PersonsSection 69: Records Of Formal AgentsSection 70: Information To Be Given
Chapter - 9
Section 91: Insider TradingSection 92: Persons Likely To Be Involved In Insider TradingSection 93: Information Or Notice Deemed To Have Been Made PublicSection 94: False TradingSection 95: Fluctuation In PriceSection 96: To Affect Stock ExchangeSection 97: To Supply Misleading StatementsSection 98: Fraudulent TransctionSection 99: Prohibition On Transaction Of Securities By Fraud Or MisrepresentationSection 100: Destroy Or Concealment Of Documents, Statements Or RecordsSection 101: PunishmentSection 102: Government Of Nepal To Be A PlaintiffSection 103: Investigation And Filing Of A CaseSection 104: Investigation May Be Conducted Upon Holding In Detention Or Suspension Or Release On BailSection 105: Compensation To Be PaidSection 106: AppealSection 107: Remedies Against Undue BiasSection 108: To Be Disqualified To Be A Director Or General Manager