KATHMANDU, March 29: A task force formed to determine ideological and organizational modality to merge the CPN-UML and the CPN (Maoist Center) has proposed scrapping a provision which prohibits party members over the age of seventy from taking on leadership position.

KATHMANDU, Aug 18: At a time when a provision to cap the tenure of board directors of bank and financial institutions (BFIs) for a maximum of two terms is facing steep opposition, Beema Samiti has brought corporate governance directive for insurance companies that prohibits a board director from taking the post for more than two terms.