(1) Where a notice provides the following matters, the name of a security giver shall be considered to be
sufficiently provided in the notice:
(a) where the security giver is an individual, and such notice contains the citizenship number mentioned in the Nepalese citizenship certificate obtained by him or her;
(b) where the security giver is a non-Nepalese national, and such notice contains the name as indicated in the passport obtained by him or her, the name of the country that issued the passport and the passport number;
(c) where the security giver is a body corporate established under the laws in force, and such notice contains the name of the security giver as recognized after establishment under the laws in force and the registration certificate number;
(d) where the security giver is a foreign body corporate qualified to do a business in the State of Nepal under the laws in force, and such notice contains the name of such body as recognized under the laws in force to do transaction in the State of Nepal; and (e) where the security giver is a foreign body corporate which is not registered under the laws in force relating to companies but is allowed to do a business in the State of Nepal under the laws in
force, and such notice contains the name as recognized under the laws in force of the country where such body corporate has been incorporated.
(2) Where a notice sufficiently provides the name of the security giver, such notice shall not be considered to be ineffective only by the reason that such notice does not contain a trade name or other name of the
security giver.
Provided that where a notice contains only the trade name of a security giver, such notice shall not be considered to sufficiently contain the name of the security giver.
(3) A notice may contain the name of more than one security giver and the name of more than one security holder.
(4) Only the failure to indicate on a notice that a person is an agent of the security holder shall not affect the sufficiency of the notice.