chhatramani/nepal_legal_text_corpus_v1 huggingface dataset:
National Civil Code 2074

Section 484, Sub-section (2): Notwithstanding anything contained in sub-section (1), if the debtor repays some of the principal or interest thereon to the creditor or the term of a deed is extended for the repayment of principal or interest within the period of ten years, another period of ten years shall be extended from the date of such repayment of principal or interest or extension of the period, as the case may be. Section 485: Transaction carried on with incompetent or quasi-competent Section 485: person not to be recognized: A transaction carried on by a person with an incompetent or quasi-competent person shall not get legal recognition. Section 486: Recovery of amount not available from property in common Section 486, Sub-section (1): If any person carries on transaction with another person and the deed of such transaction does not bear the signature of the person acting as the head of family, the creditor shall not be entitled to recover his or her amount from such property until the debtor's right in the property in common is established. Section 486, Sub-section (2): Notwithstanding anything contained in sub-section (1), if the person acting as the head of family repays such amount, the creditor may recover the same. Section 486, Sub-section (3): If any person is not able to recover the amount from the debtor on the occurrence of the circumstance referred to in sub- section (1), the creditor shall make a lawsuit against the debtor and maintain his or her right within a period of ten years. Section 486, Sub-section (4): In the event of the maintenance of the right with the debtor pursuant to sub-section (3), the creditor may recover his or her amount from the debtor in accordance with law after his or her right in the property in common has been established. Section 486, Sub-section (5): The statute of limitation for making a lawsuit shall, for the recovery of the amount pursuant to sub-section (4), commence from the date of establishment of the debtor's right. Section 487: Exchange of movable property not allowed without consent Section 487, Sub-section (1):  A person of majority age in a joint family is not allowed to exchange any movable property in common without consent of the person acting as the head of family. Provided that the consent of the person acting as the head of family shall not be required to exchange his or her private property. Section 487, Sub-section (2): If a person exchanges a movable property in contravention of sub-section (1), the exchange of such property shall not be valid if the person acting as the head of family does not consent to such exchange. Section 487, Sub-section (3): If there is no consent of the person acting as the head of family to the exchange of movable property made in contravention of sub-section (1), the property so exchanged may be taken back within thirty-five days. National Civil Code 2074
National Civil Code 2074

Section 488: Recovery of amount if transaction appears to have been carried Section 488: on: Even though any person does not execute a deed by fulfilling the procedures referred to in this Chapter, if it appears from any deed, banking transaction, negotiable instrument, cheque, voucher or book of account that transaction has been carried on with any person, the court may, based on such deed, banking transaction, negotiable instrument, cheque, voucher or book of account, order the recovery of such amount from the debtor to the lawsuit maker. Section 489: Procedure to be followed if deed executed on household is lost Section 489: or destroyed due to force majeure event: (1) If a deed executed in household is lost or destroyed due to a force majeure event, the creditor shall make an application, setting out the matter, to the concerned Local Level within fifteen days from the date of loss or occurrence of the force majeure event. Section 489, Sub-section (2): If an application is made pursuant to sub-section (1), the concerned Local Level shall draw up a receipt setting out the matter and issue the receipt, sealed with the stamp of the office, to the applicant. Section 489, Sub-section (3): If an application is made pursuant to sub-section (1), the Local Level shall summon the presence of the deed executor, if he or she is alive, and of the nearest heir, if such executor is not alive, within seven days, and cause a deed to be prepared as per the original deed, if he or she so consents, and authenticate such deed and deliver it to the applicant. Section 489, Sub-section (4): If the deed executor does not consent to execute another deed indicating that the deed was lost or destroyed due to a force majeure event pursuant to sub-section (3), the creditor shall make a lawsuit and maintain his or her right, showing the evidence of the loss of deed or occurrence of the force majeure event, within thirty-five days of the expiry of that time-limit. Section 490: To return goods transacted in the event of imperfection Section 490, Sub-section (1):  Except as otherwise provided for in the deed, if the receiver of any goods transacted with specification of price is not able to possess the goods due to the fact that the goods do not correspond to that set forth in the deed or are imperfect for any reason, he or she shall give a notice thereof to the giver of goods within thirty-five days of such transaction. Section 490, Sub-section (2): If a notice is received from the receiver of goods pursuant to sub-section (1) and his or her statement appears to be reasonable, the exchange of goods shall be made if the giver has similar other goods, and if the giver does not have such goods, he or she shall get back his or her goods and cancel the deed executed in relation to such transaction. National Civil Code 2074
National Civil Code 2074

Section 490, Sub-section (3): If the giver of goods refuses to exchange or to take back the goods pursuant to sub-section (2), the receiver of goods may make a lawsuit to have recovery of an amount equivalent to the price of such goods and a reasonable compensation for the loss and damage caused to him or her from the concerned person or get such transaction to be void. Section 491: To return goods in original condition Section 491, Sub-section (1): If any person obtains or borrows for any specific purpose any goods owned or possessed by another person whether for rent or not or for borrowing or not or on any other terms and conditions, the person shall, after the completion of the purpose, return the goods that are the same in kind, quantity and quality as have been so acquired or borrowed, to the owner or possessor. Section 491, Sub-section (2): If the goods obtained pursuant to sub-section (1) are lost, broken, destroyed, out of order or otherwise damaged, except as otherwise provided for in the deed, the person obtaining such goods shall return similar other goods to the owner or possessor or pay to the owner or possessor an amount equivalent to the prevailing market price of such goods if similar other goods are not available. Section 491, Sub-section (3): Except as otherwise provided for in the deed in relation to the return of, or payment of rent or amount for, the goods pursuant to sub-section (1) or (2), such goods or rent shall be returned or paid to the owner or possessor within fifteen days after the completion of the purpose for which the goods were obtained. Section 491, Sub-section (4): If the person obtaining the goods fails to return or pay the goods or amount to the owner or possessor within the time-limit under sub-section (3), the aggrieved person may recover the amount of such goods and a reasonable compensation, as well, for the loss caused to him or her. Section 492: Statute of limitation Section 492, Sub-section (1): There shall be no statute of limitation for making a lawsuit in the matter of transaction carried on with intent to take rights to, misappropriate, cause loss to, or disorder, the property of an incompetent and quasi-competent person or in the matter of collection of compound interest or collection of interest in excess of ten percent. National Civil Code 2074
National Civil Code 2074

Section 492, Sub-section (2): Except as provided for in sub-section (1), a person who is aggrieved from any act done or action taken pursuant to this Chapter may make a lawsuit as follows from the date of such act or action: Section 492, Sub-section (2), Clause (a): Where this Chapter provides for a separate statute of limitation for making a lawsuit, within such limitation, Section 492, Sub-section (2), Clause (b): Within a period of one year from the date of expiration of the period, if any, specified in any deed, and failing such a deed, or in the other cases, from the date of accrual of the cause of action. Section 493: Obligation to be created Section 493, Sub-section (1): If there is a legal compulsion for one to do or to abstain from doing any act, an obligation is created if one omits to do or does such an act. Section 493, Sub-section (2): The obligation to be created pursuant to sub-section (1) shall be maintained and determined pursuant to this Chapter. Section 494: Circumstances in which obligation is created Section 494, Sub-section (1): The obligation under Section 493 shall be created and maintained as follows: Section 494, Sub-section (1), Clause (a): By a law, Section 494, Sub-section (1), Clause (b): By a contract, Section 494, Sub-section (1), Clause (c): By an indirect or quasi-contract, Section 494, Sub-section (1), Clause (d): By an unjust enrichment, Section 494, Sub-section (1), Clause (e): By an unilateral commitment of any person to assume obligation, Section 494, Sub-section (1), Clause (f): By an act to be treated as tort under law, Section 494, Sub-section (1), Clause (g): By an act to be treated as a quasi-tort under law. Section 494, Sub-section (2): In regard to sub-section (1), Section 494, Sub-section (2), Clause (a): The obligation referred to in clause (a) shall be created under this Act or other law. Section 494, Sub-section (2), Clause (b): The obligation referred to in clause (b) shall be created under a contact entered into between the parties. Section 494, Sub-section (2), Clause (c): The obligation referred to in clause (c) shall be created under an indirect or quasi-contact as defined in under an unjust enrichment as defined in Chapter-16 of this Part. Section 494, Sub-section (2), Clause (e): The obligation referred to in clause (e) shall be determined under provision for creating obligation under law through an unilateral commitment. Section 494, Sub-section (2), Clause (f): The obligation referred to in clause (f) shall be created under torts as defined in Chapter-17 of this Part. Section 494, Sub-section (2), Clause (g): The obligation referred to in clause (g) shall be created from the defective product as defined in Chapter-18 of this Part or from other act to be deemed as a quasi-tort under law. National Civil Code 2074
National Civil Code 2074

Section 495: Obligation to be fulfilled Section 495, Sub-section (1): A person shall himself or herself fulfill the obligation of any matter which has been so maintained or created as to be fulfilled by him or her or which he or she has undertaken to fulfill. Section 495, Sub-section (2): If such a person dies or becomes of unsound mind prior to the fulfillment of the obligation pursuant to sub-section (1), the heir succeeding to his or her property or his or her guardian or curator or the guarantor in the case of a contract relating to guarantee shall fulfill such obligation. Section 496: Obligation to be fulfilled within the prescribed time Section 496, Sub-section (1): If a certain period has been specified for fulfilling any obligation, the concerned person shall fulfill such an obligation within that period. Section 496, Sub-section (2): If a certain day or time has been specified for fulfilling any obligation, the concerned person shall fulfill such obligation on that day or at that time. Provided that if there is a stipulation that the obligation shall be fulfilled within certain day or time, the obligation may be fulfilled even prior to such day or time. Section 496, Sub-section (3): If no period, day or time has been specified under sub- section (1) or (2), the period, day or time for fulfilling the obligation shall be determined having regard to the nature of obligation and the obligation shall be fulfilled within a reasonable period. Section 496, Sub-section (4): If any obligation is not fulfilled pursuant to sub-section Section 496, Sub-section (1): , (2) or (3), the person who is bound to fulfill the obligation shall be deemed to have not been fulfilled, or to have been unable to fulfill, the obligation. Section 497: Each person to fulfill obligation Section 497, Sub-section (1): If more than one person have undertaken to fulfill an obligation or such an obligation has been created in relation to them, every person shall, except as otherwise provided for in the contract, fulfill such an obligation equally. Section 497, Sub-section (2): If any person is bound to fulfill any obligation vis-à-vis more than one person, he or she shall, except as otherwise provided for in the contract, fulfill the obligation vis-à-vis every person equally. Section 498: Obligation may be divisible Section 498, Sub-section (1): If any obligation has to be fulfilled vis-à-vis or by more than one person and the obligation vis-à-vis or by such persons is capable of being divided or fragmented, having regard to its nature, such obligation may be divided and shall be fulfilled by or vis-à-vis every person accordingly. Section 498, Sub-section (2): In the circumstance referred to in sub-section (1), every person or all persons may demand for the fulfillment of the obligation by every person or all persons bound to fulfill such obligation. National Civil Code 2074
National Civil Code 2074

Section 499: Obligation to be fulfilled in good faith Section 499: The person who is bound to fulfill the obligation created pursuant to Section 494 shall fulfill it in good faith. Section 500: To bear compensation for failure to fulfill obligation Section 500, Sub-section (1): If a person bound to fulfill any obligation fails to fulfill it or delays its fulfillment, and thereby a loss or damage is caused to any other person in any manner, such a person shall bear compensation for the actual loss or damage so caused. Section 500, Sub-section (2): If a person bound to fulfill any obligation does not fulfill it by fraud or does any act knowingly or recklessly, thereby any loss or damage is caused in any manner, such a person shall bear compensation for the loss or damage so caused. Section 501: Obligation contrary to law not to be fulfilled Section 501: Notwithstanding anything contained elsewhere in this Chapter, if the fulfillment of any obligation would be contrary to law, public order or public morality, it shall not be required to fulfill such an obligation. Section 502: Impossible obligation not to be fulfilled Section 502, Sub-section (1): Notwithstanding anything contained elsewhere in this Chapter, if, at the time of its creation, any obligation of such nature as is impossible for fulfillment has been created, such an obligation shall not be required to be fulfilled. Section 502, Sub-section (2): If any obligation which was possible for fulfillment at the time of its creation subsequently becomes impossible for fulfillment, the consequence of such obligation shall be determined according to the law. Section 502, Sub-section (3): Notwithstanding anything contained in sub-section (1) or (2), if a portion of any obligation can be fulfilled and the rest portion cannot be fulfilled, the obligation shall be fulfilled to the extent that it can be fulfilled. Section 503: Statute of limitation Section 503: A person who is aggrieved from any act done or action taken under this Chapter may make a lawsuit within two years from the date of the accrual of the cause of action. Section 504: Contract deemed to be made Section 504, Sub-section (1): If an agreement enforceable by law is concluded between two or more persons to do or abstain from doing any act, a contract shall be deemed to be concluded. Section 504, Sub-section (2): For the purposes of sub-section (1), a contract shall be deemed to have been concluded once the person to whom an offer has been made by another person communicates his or her acceptance thereto. Section 504, Sub-section (3): Once a contract is concluded, a binding legal relationship shall be created between the parties to it. Explanation: For the purposes of this Chapter, Section 504, Sub-section (1): “Offer” means an offer made by one person to another person with the intent of obtaining his or her acceptance to do or abstain from doing any act. National Civil Code 2074
National Civil Code 2074

Section 504, Sub-section (2): “Acceptance” means the acceptance given by the person to whom the offer has been made in the same meaning in which the offer is made. Section 505: Contract enforceable by law Section 505, Sub-section (1): A contract concluded in fulfillment of the following conditions shall be deemed to be a contract enforceable by law: Section 505, Sub-section (1), Clause (a): The consent expressed by a person to a contract to bind himself or herself, Section 505, Sub-section (1), Clause (b): Capacity or qualification of a person to a contract to conclude the contract, Section 505, Sub-section (1), Clause (c): Certain matter for the creation of an obligation, Section 505, Sub-section (1), Clause (d): Lawful obligation. Section 505, Sub-section (2): A contract may be made in written or verbal form or even by conduct of the parties to it. Section 505, Sub-section (3): Notwithstanding anything contained in sub-section (2), if there is a requirement that a particular contract be concluded in fulfillment of any particular procedure or formality, such a contract may not be enforceable unless such procedure or formality is completed. Section 506: Persons competent to concluded contract Section 506, Sub-section (1): Every person other than the following persons shall be competent to conclude a contract: Section 506, Sub-section (1), Clause (a): One who is a minor, Section 506, Sub-section (1), Clause (b): One who is of unsound mind. Explanation: Section 506, Sub-section (1): A person who is usually of unsound mind, but occasionally of sound mind, may conclude a contract when he or she is of sound mind. Section 506, Sub-section (2): A person who is usually of sound mind, but occasionally of unsound mind, may not conclude a contract when he or she is of unsound mind. Section 506, Sub-section (2): Notwithstanding anything contained in sub-section (1), any person who is deemed incompetent to conclude a particular contract under the law shall not be deemed to be a competent to conclude such a contract. Section 506, Sub-section (3): In concluding a contract on behalf of a person who is incompetent or quasi-competent, his or her guardian or curator may conclude such a contract. Section 506, Sub-section (4): In concluding a contract on behalf of a legal person, it shall be conclude by a decision of the director or directors authorized for the management and operation of such a person or by a person authorized by such a director or directors. Section 506, Sub-section (5): Notwithstanding anything contained elsewhere in this Section, if a person deemed to be incompetent to conclude a contract under this Chapter on any particular matter is competent by other law to conclude a contract on such a matter, such a person shall be deemed to be competent to conclude a contract on that matter. National Civil Code 2074
National Civil Code 2074

Section 507: Parties to be autonomous Section 507: The parties to a contract shall, subject to this Act, be autonomous to choose the form and contents of the contract, to determine terms and conditions of the contact and the nature of the remedy for its breach as well as to determine the measures for resolving disputes arising out of it. Section 508: Offer and acceptance deemed to be completed Section 508, Sub-section (1): Once the offeree comes to the knowledge of an offer, the act of making the offer shall be deemed to have been completed. Section 508, Sub-section (2): The act of giving acceptance shall be deemed to be completed, in case of the offerer, if the offerer receives the acceptance forwarded by the offeree to the offerer having indicated his or her acceptance to the offer, and in case of the offeree, if the offerer comes to know that the offeree has accepted the offer. Section 508, Sub-section (3): Even though there is no expression of acceptance to the offer directly, if the offeree abides by any terms mentioned in the offer by way of his or her conduct or accepts the advantage or service mentioned in the offer or indicates acceptance in any other manner, the offeree shall be deemed to have accepted the offer. Section 508, Sub-section (4): If the offerer makes an offer having stipulated certain time and specifies that the offer is regarded as accepted if a notice of its rejection is not sent within such time, and if the offeree does not send a notice of acceptance of the offer within such time, the offer shall not be deemed to have been accepted. Section 509: Offer or acceptance may be revoked Section 509, Sub-section (1): The offerer may revoke his or her offer through a notice. Provided that, if the offerer has received from the offeree a notice to the effect that he or she has accepted the offer before receiving a notice of revocation of the offer, such an offer shall not be revoked. Section 509, Sub-section (2): The offeree may revoke his or her acceptance by a notice. Provided that if the offerer has already received the notice of acceptance before receiving the notice of its revocation, such an acceptance shall not be revoked Section 509, Sub-section (3): The person who has sent a notice expressing his or her refusal of the offer may again send a notice expressing his or her acceptance to the offer. Provided that, if the notice of refusal out of the notices of refusal or acceptance reaches first, the contract shall not be deemed to have been concluded, and if the notice of acceptance reaches first, the contract shall be deemed to be concluded. National Civil Code 2074