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President Paudel issues Ordinance to address problems on loan-sharking

Khabarhub

May 3, 2023

< 1 MIN READ

President Paudel issues Ordinance to address problems on loan-sharking

President Ram Chandra Paudel/File Photo

KATHMANDU: President Ramchandra Paudel has today issued the Ordinance to amend some Nepal Act related to Civil Code-2080 BS.

President Paudel issued the Ordinance in accordance with Article 114 (1) of the Constitution of Nepal and at the recommendation of the Council of Ministers, informed Sagar Acharya, Spokesperson at the Office of the President.

It may be noted that the meeting of the Council of Ministers held on last Tuesday had decided to amend the law through an ordinance to address the problems facing the loan-shark victims.

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