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NepalPublic Companies
Public companies also had varied success. Between 1936
and
1939, twenty public companies were formed, of which three
failed.
Between 1945 and 1951, thirty-five public firms were
incorporated,
six of which went out of business. Between 1936 and 1963,
fiftyfour firms were incorporated, but at the end of 1963 only
thirtyfour remained in operation. The success of public
companies
continued to be erratic.
Data as of September 1991
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