1.3 The Board of Directors and its Structure and Composition

The board's design under the Companies Act 2063: the private company's flexible minimum vs the public company's statutory board (the minimum-directors discipline; the independent directors' faces for the prescribed companies (the listed-and-large — the SEBON regime's complement, Securities Law, LAW5409)); the composition's inclusion faces (the woman-director requirements of the current regime — the stated level); the board's committees (the audit committee (Unit 3's home), the remuneration-and-risk faces of the modern practice); the chairman-and-CEO's separation debate (the concentration's check). The Nepali composition's reality: the promoter-family boards, the affiliated directors, the independent-director institution's youth.