2.2 Development of Company Law in Nepal

The line (the four-Act ladder): The 1930s' first legislation — the Rana era's early company statute (the Biratnagar Jute Mill era's legal frame); The Companies Act 2021 B.S. (1964/65) — the post-1951 statutory era's organised company law (registration, the corporate forms, the state's licensing frame); The Companies Act 2053 (1997) — the liberalisation era's statute (the post-1990 economy's corporate opening — the capital market's legal base); The Companies Act 2063 (2006) — the present law: the modern incorporation regime (the Office of the Company Registrar's administration), the governance architecture (boards, meetings, directors' duties), the share-and-debenture discipline, the accounts-and-audit regime, and the winding-up law — with its rules and the regulator's practice directions. The companion statutes (the surrounding family): the Corporations Act 2021 B.S. (the public corporations' track — Unit 4.3); the Development Board Act 2013 B.S. (the development boards' track — Unit 4.4; the reading list's reference to a 2063-era board-law text noted); the Securities Act 2063 (the public issues and the listed companies — SEBON's realm, Unit 8); the Insolvency Act 2063 (the insolvency-and-liquidation interface — Unit 9); BAFIA 2073 (the banks' corporate overlay); the Foreign Investment and Technology Transfer Act 2075 (the foreign company's gate). The institutional history: the Office of the Company Registrar (the registry's evolution — the incorporation, the filings, the records); NEPSE (the exchange, 2050s…