Many friends have asked about the future of their investment in BOOT projects.
Er. Santosh Kumar Shrestha has written quite useful and informative article, which has been published in the "Journal of Institute of Engineering". Also, that article is available on the web. Please go to: www.nepjol.info/index.php/JIE/article/download/5104/4240.
I think, the legal provisions for BOOT are not formulated specifically, but are governed by Companies Act 2006 (http://www.nepalmissiongeneva.org/…/i…/the-companies-act.pdf) and by Contract Act. However, friends from Law background could throw some light on this.
Er. Santosh Kumar Shrestha has written quite useful and informative article, which has been published in the "Journal of Institute of Engineering". Also, that article is available on the web. Please go to: www.nepjol.info/index.php/JIE/article/download/5104/4240.
I think, the legal provisions for BOOT are not formulated specifically, but are governed by Companies Act 2006 (http://www.nepalmissiongeneva.org/…/i…/the-companies-act.pdf) and by Contract Act. However, friends from Law background could throw some light on this.
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