Contract is like partners moving together harmoniously, following predetermined steps, like dancers on a dance floor. Every party has its unique rhythm and responsibility, and harmony is sustained as they abide by the dance rules. If either partner makes a mistake, loses their balance, or disrupts the harmony, the relationship may suffer, resulting in disagreements, discussions about new terms, or possibly even a breakup. The dance floor serves as the playing field, the music acts as the contract, and the steps represent the conditions that must be adhered to by all.
Explore the diverse types of companies in Nepal defined by the Companies Act of 2006. This comprehensive guide covers the private and public companies, their registration processes, and additional classifications. Learn about the governing laws and gain actionable insights to start your business in Nepal!