Nepal's Competition Law, which is the Competition Promotion and Market Protection Act, 2063 (2007), is the main legal instrument that regulates the competition and market practices in Nepal. The law was enacted in 2007 with the aim of making Nepal's economy more open, liberal, market-oriented, and competitive by maintaining fair competition between or among the producers or distributors of goods or services, enhancing national productivity by developing the business capacity of producers or distributors by way of competition, protecting markets against undesirable interference, encouraging to make the produced goods and services available to the consumers at a competitive price by enhancing the quality of goods or services by way of controlling monopoly and restrictive trade practices, and maintaining the economic interests and decency of the general public by doing away with possible unfair competition in trade practices.
Power of attorney is a legal document that allows you to appoint someone to act on your behalf in certain matters. It can be very useful in situations where you are unable to handle your own affairs, such as when you are living abroad or going through a divorce. However, it is also a serious responsibility that requires careful consideration and drafting. Nepal Divorce Services can assist you with any power of attorney issues related to divorce and family law in Nepal. Contact us today for a free consultation and find out how we can help you.