Section 16
Restriction On Director And General Manager Of The Corporation
The director or general manager 19 of the Corporation shall not be a partner
in any contract with the Corporation. Provided that, immediately when each director or the general manager knows that he or she has directly or indirectly any concern in any contract made by or proposed to be made by the Corporation or any 19 Amended by Communication Related Some Nepal Acts Amendment Act, 2057. contract made by or proposed to be made by any subsidiary body of the Corporation and submitted to the Corporation for its consideration, such a
director or general manager shall disclose the matter to the meeting of the Board as soon as possible. The matter so disclosed shall be recorded in the
minutes, and the concerned director shall not take part in any deliberations or decisions made by the Board in relation to that contract.
in any contract with the Corporation. Provided that, immediately when each director or the general manager knows that he or she has directly or indirectly any concern in any contract made by or proposed to be made by the Corporation or any 19 Amended by Communication Related Some Nepal Acts Amendment Act, 2057. contract made by or proposed to be made by any subsidiary body of the Corporation and submitted to the Corporation for its consideration, such a
director or general manager shall disclose the matter to the meeting of the Board as soon as possible. The matter so disclosed shall be recorded in the
minutes, and the concerned director shall not take part in any deliberations or decisions made by the Board in relation to that contract.