This is about International Financial Transaction act, 2054. It includes all provisions of the act from licensing, transaction, regulation, and all related to this.
Hope U have seen Cooperative Standard, 2068. Hope you all have seen the video of Cooperative Act, 2074 and rule 2075. I have just tried to make a concept a bit easier. I think this will help someone to know about cooperative, its formation, formations of unions and cooperative bank, registration and refusal, Jurisdiction of the institution, classification of institutions, operation of transaction, business, industry and project, about liability if the institution objective and function of institution an union, byelaws and internal procedure, membership, GM, BOD, account supervision committee, their functions, election, removal of director, personal interest, dissolution of committee, mobilization of deposit and credit, provision relating to cooperative bank- formation to cancellation, mobilization of financial source- refund of deposit, refund of share amount, loan and grant, , Reserve fund, conserved capital redemption reserve, other funds and bonus, record and information, account and audit, exemption, facilities and concession, recovery and overdue of credit, blacklisting, CIC, merger, dissolution and cancellation of institution, registrar, inspection, monitoring, investigation, annual report by registrar/office, problematic institution and union, form mgmt committee, prepare inventory return, audit report, submit report by mgmt committee, offence, punishment, fine and appeal.
You can see Cooperative Act, 2074 part 1 from the link...
• 1 Cooperative Act, 2074-sec 1-22 Formation...
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