Section 17
Time And Limitation For The Lodgment Of First Information Report
(1) In regard to an offense under this Act, an First Information Report may be lodged within one year from the date the offense comes to the knowledge and
the case shall have to be lodged within six months from the date the First Information Report FIR is so lodged with the Court as fixed by the Government
of Nepal with publishing a notice in Nepal Gazette.
(2) Notwithstanding anything contained hereinabove in Subsection (1), a case may, at any time, be initiated against an employee or office-bearer of a bank or financial institution, who caused misappropriation or loss of asset of Bank or Financial Institution during his/her assumption of service in any post thereof and there shall be no obstruction in initiating a case even after such office-bearer or employee retires from the service.
the case shall have to be lodged within six months from the date the First Information Report FIR is so lodged with the Court as fixed by the Government
of Nepal with publishing a notice in Nepal Gazette.
(2) Notwithstanding anything contained hereinabove in Subsection (1), a case may, at any time, be initiated against an employee or office-bearer of a bank or financial institution, who caused misappropriation or loss of asset of Bank or Financial Institution during his/her assumption of service in any post thereof and there shall be no obstruction in initiating a case even after such office-bearer or employee retires from the service.