Section 18
To Obtain Prior Approval Of The Government Of Nepal
The Corporation shall not do the following act without obtaining prior approval
of the Government of Nepal:
(a) 26 To expend capital to purchase or obtain any immovable property or any other goods valued at more than Ten Million Rupees, 27 or
(b) To take or furnish security of any immovable property for a term more than Ten years, 28 or
(c) To sell or transmit any property or right or facility valued at more than Five Hundred Thousand Rupees. 29
of the Government of Nepal:
(a) 26 To expend capital to purchase or obtain any immovable property or any other goods valued at more than Ten Million Rupees, 27 or
(b) To take or furnish security of any immovable property for a term more than Ten years, 28 or
(c) To sell or transmit any property or right or facility valued at more than Five Hundred Thousand Rupees. 29