Kathmandu. Preparations to issue licenses for the new stock exchange have resumed, bypassing the parliament and the court. Nepal Securities Board Chairman Santosh Narayan Shrestha has started preparations to issue licenses for the new stock exchange, bypassing the parliament and ignoring the case pending in the Supreme Court. After intense pressure from the opposition, the government had decided to convene the parliament for Magh 18. As per the government’s decision, President Ram Chandra Poudel has called a meeting of the House of Representatives for 1 pm on Friday, Magh 18. The main opposition parties, the CPN-Maoist Center, the National Independent Party, the National Democratic Party, and others, are preparing to make the license distribution process for the new stock exchange the main agenda in the parliament meeting. After the opposition parties got the opportunity to raise their voices on the licensing process of the new stock exchange in a unified manner, preparations are underway to complete the evaluation work and recommend the license before the parliament session. Securities Board Chairman Shrestha is preparing to call a meeting of the board of directors this week. ‘There is news that preparations are being made to call a board meeting this week, it … Continue reading Preparations to license new stock exchange bypassing parliament and court, 7 brothers to operate with a burden of Rs 5 billion
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