Legal Documents

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Name Provisions relating to Sick Industries
Description If any industry is being operated in loss for a consecutive period of five years and its production level is twenty percent or less than twenty percent of the total production capacity, Government of Nepal may, if it deems necessary, declare it a sick industry by notification published in the Nepal Gazette.
Comments Comment
Validity From 1997-11-12
Validity To 9999-12-31
Technical Code
Agency Ministry of Industry
Created Date 2016-07-14 14:48:31.0
Update Date 2016-10-05 11:55:07.0
Status Active
Measure Type Formality Requirement
Legal/Regulation The Industrial Enterprises Act, 2049 (1992)
Un code


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