The Ministry of Physical Infrastructure and Transport has canceled the licenses of 37 construction companies for failing to renew their registrations on time. According to Section 5(3) of the Construction Business Act, 2055, companies that did not renew their licenses by the end of Chaitra 2081 have had their permits automatically revoked.
Among the companies listed are Ganapati Group, Valley Star, Giri Construction, Deluxe The Brave Warrior, and Parijat Nirman Sewa. These companies had previously been involved in various government infrastructure projects.
The Ministry stated that prior notice had been issued and warned that legal action will now follow against the non-compliant firms.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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