King promulgates four new ordinances

His Majesty King Gyanendra has promulgated four different ordinances in accordance with the Constitution of the Kingdom of Nepal-1990.

The ordinances issued on Friday are the Ordinance Related to Insolvency (2005 B.S), the Security Transaction Ordinance (2005 B.S), the Ordinance Related to Securities (2005 B.S) and the Ordinance Related to the Amendment of Some Nepal Acts Concerning Import and Export and Intellectual Property, official news agency RSS said citing a statement of the Office of the Prime Minister and Council of Ministers. nepalnews.com mk Sept 24 05