Logo

Alpine Law Associates is the leading full-service law firm encompassing a wide range of legal practices located in Kathmandu, Nepal. It consists of a team of the country's best lawyers, each with expertise in their respective fields, tailored to meet clients' specific needs.

Office Address

Anamnagar-29, Kathmandu

Phone Number

+977 9841114443

Email Address

[email protected]

Commercial Litigation

breadcrumbbreadcrumb
Debt Recovery Tribunal in Nepal: Process, Appeal & Implementation

Debt Recovery Tribunal in Nepal: Process, Appeal & Implementation

The Debt Recovery Tribunal in Nepal is a dedicated legal body established under the Act on Recovery of Debt of Bank and Financial Instrument, 2058. It facilitates timely recovery of non-performing loans for banks and financial institutions. This article explains the tribunal's composition, jurisdiction, legal procedure, appeal mechanisms, enforcement powers, compromise provisions, and debt recovery officer authority. It also highlights borrower and guarantor liabilities and timelines for decisions and appeals. Whether you're a financial institution or a borrower, this guide offers a full overview of the structured debt resolution system in Nepal.

  • February 20, 2025
Understanding Legal Personality in Nepal’s Civil Code

Understanding Legal Personality in Nepal’s Civil Code

The concept of legal personality is central to civil law, allowing entities like corporations and institutions to hold rights and obligations separate from their members. Under Nepal’s Muluki Civil Code 2074, legal personality empowers bodies corporate to own property, enter contracts, and be liable independently. Sections 42–53 comprehensively define incorporation procedures, corporate powers, liabilities, and special provisions for merger and conflict of interest. Recognizing legal persons promotes justice, accountability, and efficiency in both public and private sectors. Alpine Law Associates explains how legal personality facilitates modern legal systems and the smooth functioning of Nepalese society.

  • April 21, 2025