Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Submitted To:
Mr. Diwakar Bhatta
Introduction
• Cover used for protecting oneself
from the risk of a financial losses.
• Risk is covered in monetary value.
• Involves the Insurer and the Insured.
• Insurer is the insurance company who
provides the cover.
• Insured is an individual who takes the
insurance policy by paying a certain
premium.
BAFIA 2063
• The Bank and Financial Institutions
Act, 2007 section 3 provides that one
who is desirous to incorporate the
bank and financial institutions
• Required to do so by getting a public
limited company registered in the
concerned office.
• So in order to get the incorporation
and registration of bank and financial
institution, there must be
BAFIA 2063
• Necessary for the government to
regulate banks and financial
institutions in Nepal
• Created under the supervision of the
central bank of Nepal
• Authenticated by the house of
parliament
• Regulated by Nepal Rastra Bank
Stages of incorporation & registration
1. Approval for the
Registration of bank and
financial institution from
NRB
2. Incorporation and
registration of bank and
financial institution at the
Office of the Company
Registrar.
3. License for the
Approval for registration of bank and
financial institutions from NRB
• Memorandum of Association
• Articles of association
• Feasibility study report
• Personal particulars of the
promoters in the form prescribed by
NRB.
• A certified copy of the agreement
signed among the promoters before
the establishment of the bank
• Evidence of clearance of tax
certificate
• Other particulars and documents
Incorporation and registration of company
at the office of company registrar
• Memorandum of Association,
• Articles of Association,
• Copy of agreement among promoters if
any,
• Prior approval of respective agency if
necessary
• Citizenship certificates of promoters or
certificate of incorporation
• Permission letter of doing business in
Nepal if promoters are foreigners,
• Certificate that prove the nationality
of foreigners and certificate of
incorporation in case of foreign
License of commencement of business by
NRB
• Matters concerning the maintenance of
minimum capital prescribed by NRB
• Matters concerning the existence of
adequate bases for providing services and
facilities
• Matters concerning the protection of the
rights and interests of depositors
• Consent given to comply with the conditions
prescribed by NRB
Fees for registration
Fees for registration
Range of authorized Fees allocated by BAFIA,
capital Act
1 crore Rs. 150000
Any Queries???