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Second Annual General Meeting Held |
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- The Second Annual General Meeting of the Bank was held in New Hotel Crystal on 14th January, 2008 ( Poush 30, 2064) and the following decisions were made:
- The authorized, issued and paid up capital of the Bank to be enhanced as follow:
- Authorized Capital : Rs.200,000,000.00
- Issued Capital : Rs.100,000,000.00
- Paid Up and Equity : Rs. 66,000,000.00
- The elected directors representing Public Shareholders are as follows:
- Mr. Sushil Raj Parajuli, Representative - M/s Gorkha Investment P. Ltd.
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Mr. Dipak Kumar Shrestha
- The General Meeting authorized the Board of Directors to negotiate with other Banks and Financial Institutions to convert the organization into National level Development Bank or Commercial Bank with Merger and Acquisition principle under the authority of Nepal Rastra Bank and other prevailing laws.
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