HoR uanimously endorses ‘Securities (First Amendment) Bill, 2081’

KATHMANDU: The House of Representatives (HoR) unanimously endorsed a proposal today seeking consideration of the ‘Securities (First Amendment) Bill, 2081’.

Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel presented the proposal during the HoR meeting, emphasizing the necessity of the amendment.

He explained that the bill aims to implement new practices in the stock market that align with the country’s current context.

“Given our experiences in the stock market, this amendment is essential to ensure stable growth and effective regulatory arrangements,” Minister Poudel stated.

Several lawmakers, including Biraj Bhakta Shrestha, Dr. Prakash Sharan Mahat, Basudev Ghimire, Julie Kumari Mahato, Roshan Karki, Swarnim Wagle, Hari Dhakal, Rajendra Kumar KC, Sumana Shrestha, Prem Suwal, Manish Jha, Madhav Sapkota, Narayani Sharma, and Nagina Yadav, participated in the deliberations on the bill.

Additionally, Secretary at the House of Representatives, Suresh Adhikari, informed the house about the message received from the National Assembly concerning the ‘Commission for Investigation of Enforced Disappeared Persons, Truth and Reconciliation Commission (Third Amendment) Bill, 2081,’ which originated in the HoR.

The next meeting of the Lower House is scheduled for 1:00 PM on Wednesday.