$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '12910',
'hit' => '1207'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20210108124945_1610060858.Clipboard13.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '12910',
'hit' => '1207'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20210108124945_1610060858.Clipboard13.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '12910',
'hit' => '1207'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20210108124945_1610060858.Clipboard13.jpg'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '12910',
'hit' => '1207'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/20210108124945_1610060858.Clipboard13.jpg'
$user = null
$groupId = null
$user_id = null
$date = '2021-01-08 12:49:11'
$dateFromDatabase = (int) 1610089451
$newDate = 'Jan 08, 2021'
$articleView = array(
'article_id' => '12910',
'hit' => '1207'
)
$word_count = (int) 525
$time_to_read = (float) 2.63
$time_to_read_min = (float) 2
$time_to_read_second = (float) 38
include - APP/View/Articles/view.ctp, line 241
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.
SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).
Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.
Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.
He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.
SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.
A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.
CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.
As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '12910',
'hit' => '1207'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '12910',
'hit' => '1207'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '12910',
'hit' => '1207'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '12910',
'article_category_id' => '1',
'title' => 'SEBON Preparing for Stock Market Clearance and Settlement in Two Days',
'sub_title' => '',
'summary' => 'anuary 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">January 8: The Securities Board of Nepal (SEBON) is making preparations to reduce the time of clearing and settlement process of stock market from three to two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is making preparations to implement the new provision, which has been included in the policies and programmes of the government for the current fiscal year, from the month of Magh (January 14).</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Chairman of SEBON Bhishma Raj Dhungana informed that they are preparing to amend the existing regulation so that the stock market clearance is done within two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">Dhungana said that they will most likely amend the regulation within January 13 and then direct the CDS and Clearing Limited to implement the decision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">He added that it has become necessary to make the stock market clearance and settlement fast and effective as the stock market has already gone digital. According to Dhungana, there is no need for the customers to reach the office of the broker to transfer the share. The brokers can also transfer money through IPS now. Therefore, the board expects no problem in implementing this new provision.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">SEBON is preparing to implement the new provision after conducting a detailed study on whether the two-day settlement is viable in the context of Nepal’s stock market or not.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">A committee formed to study the prospect of two-day settlement and clearance had also recommended to reduce the time for the settlement.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">CDS and Clearing Limited, which has been involved in stock market clearance and settlement, has already prepared a modality for the settlement in two days.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Arial Unicode MS"">As per the existing provision, any individual selling their share are entitled to receive the amount of their share within three days while the buyer must also get the share within three days.</span></span></span></span></p>
<p> </p>
',
'published' => true,
'created' => '2021-01-08',
'modified' => '2021-01-08',
'keywords' => '',
'description' => '',
'sortorder' => '12657',
'image' => '20210108124945_1610060858.Clipboard13.jpg',
'article_date' => '2021-01-08 12:49:11',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '12910',
'hit' => '1207'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
