NBA also elected 18 others to its executive committee. Mahendra Bahadur Rayamajhi is the first vice-president, while Parshuram Neupane and Gopichand Agrawal are respectively the second and third vice-presidents.
The AGM also elected Hari Gautam as general secretary and Ramesh baral and Birat Kumar Shrestha as secretaries. Meanwhile, Sanjaya Kumar Agrawal is the treasurer and Raghunath Rauniyar the joint-treasurer.
Buyback scheme on Yamaha Alba
KATHMANDU, Nov 29: Morang Auto Works (MAW), the sole authorized distributor of Yamaha two-wheelers for Nepal, has announced a buyback guarantee scheme for Yamaha Alba motorcycles.
Issuing a statement Sunday, MAW said it would pay customers Rs 100,000 for a Yamaha Alba, if the customer decided to sell it within the first year of purchase. Similarly, in the second year, MAW will offer Rs 80,000 and Rs 64,000 on the third year.
"Alba bikes already have the best resale value in its segment and we believe that this scheme will benefit the customers more as the guarantee part includes with this scheme," MAW said in the statement.