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Insolvency

Unit 8: Law of Company and InsolvencyTopic 3 of 3
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What the syllabus expects

  • Company insolvency
  • Features of Nepalese insolvency law and the Insolvency Act, 2063

Insolvency

Bachelor of Business Studies (BBS) — Third Year

Subject: Business Law (MGT 204)

Unit 8: Law of Company and Insolvency

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

  • Explain the scope and key elements of insolvency.
  • Identify the relevant legal concepts, distinguish parties' positions and analyze a syllabus-based case using the specified legal materials.

Curriculum Scope

  • Company insolvency
  • Features of Nepalese insolvency law and the Insolvency Act, 2063

Detailed Microsyllabus

  1. Insolvency foundations

    1. Company insolvency and the relevant legal tests studied.
    2. Affected creditors, owners and other parties.
    3. Features of the Nepalese framework.

  2. Statutory process

    1. Study the Insolvency Act, 2063 named in the syllabus.
    2. Identify prescribed procedures and decision responsibilities.
    3. Distinguish restructuring-related steps from liquidation where relevant.

Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, PDF pages 16–18.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit or component allocations apply at their stated level; no separate topic hours or marks are assigned here. Legal examples must identify the governing law and amendment version supplied for the course; a curriculum heading does not by itself establish a currently applicable legal rule.

Legal reading reference: Consult the Nepal Law Commission's index of Acts and its Civil Code, 2074 page for the prescribed primary legal materials.