Kathmandu. The Patan High Court has ordered to release the directors of Nepal Can Move Pvt. Ltd. on bail. The court ordered the release of the operators of the company on Tuesday.
According to sources, the court has sought a bail of Rs 10 million from the directors of the company. The directors were released on Tuesday after submitting a bank guarantee for bail. The Department of Revenue Investigation had arrested and detained the directors of the company a few days ago.
However, the operators of the company have alleged that they have made the arrest with vengeance rather than cooperating in the investigation. The Department had filed a case on June 10 alleging tax evasion of Rs 1.36 billion from The Private Limited.
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