Nepal, May 12 -- The Supreme Court (SC) has issued a mandamus directing the formation of the National Cooperatives Regulatory Authority (NCRA) to resolve issues in the cooperative sector.

In a petition filed by senior advocate Surendra Bhandari and others, the bench of Justices Kumar Regmi and Nityananda Pandey, ordered the formation of a recommendation committee within seven days to establish the NCRA.

The mandamus also specifies that the NCRA must be fully established within a maximum of one and a half months.

The SC's mandamus states, "In accordance with Section 103 (1) of the amended Cooperative Act, 2074, as revised by the Cooperative (Amendment) Act, 2081, the Government is required to form a recommendation committee within a max...