Section 24
Power Of Government Of Nepal

24. Power of Government of Nepal :

24.1 In cases where the Corporation acts, or is likely to act, in contravention of the provisions of this Act, the Government of Nepal may give order to stop such act.

24.2 The Government of Nepal may liquidate the Corporation at any time whenever it is of the opinion that the Corporation has completed all the functions required to be performed by it or the Corporation has not discharged its duties and functions or has not complied with the order or directive or it is not necessary to retain the Corporation.

24.3 In cases where the Corporation is liquidated pursuant to Sub-section

24.2, the rights and liabilities of the Corporation shall be transferred to the Government of Nepal.