Incident Reports

Share investors padlock broker office in Kathmandu


Bagmati, Kathmandu, Kathmandu

Share investors  staged a protest against the government's new tax policy by locking broker offices during the morning hours on June 4.

According to  brokers, investors named Tilak Koirala, Keshav Koirala, Rohan Karki, Nayan Bastola, and others participated in the protest by physically locking the offices.

In an attempt to address their concerns, the investors have approached the Ministry of Finance to hold discussions with the Finance Minister.

Despite the protest, trading in the market has not come to a halt, as investors still have the option to trade shares online

Details and Impacts
Violent / Non-violent Nonviolent
Primary Form Gherau/Dharna (sit-in)/padlocking
Primary Cause Other economic issues
Actor 1 - Number of people n/a
Actor 1 - Affiliations Other private sectors
Actor 1 - Youth na
Actor 2 - Number of people n/a
Actor 2 - Affiliation (Target) Government and civil servants at central level
Actor 2 - Youth na
National/Online Media