However, Ambika Prasad Poudel of Hathaway Group did not file nomination as per the earlier pact for the AGM scheduled on August 15. In the shareholders meeting held recently, Poudel announced of filing nomination only if the election is conducted without clashes.
In the same meeting, Laxmi Bahadur Shrestha declared that the NB group is willing to support Hathaway group for the betterment of the company. He also handed over voting right (proxy) to Poudel in the meeting. By filing the nomination from the NB Group, the previous pact and proxy given to Hathaway Group automatically become null and void.