Civil Mall Ownership Dispute Traps Legal and Financial Cycles

Kathmandu. The ownership dispute of Civil Mall (Civil Business Complex Pvt. Ltd.) located in the heart of Kathmandu, Sundhara, has become entangled in a legal and financial quagmire due to the opaque working style and misconduct of the then chairman of the problematic Civil Saving and Credit Cooperative, Ichchharaj Tamang.

Tamang and another main director, Lalkaji Gurung, have made this case controversial amidst the ownership of 1.7 million shares, management of billions in loans, and the process of returning depositors' funds. This dispute is entangled from Civil Mall's director Gurung and the problematic cooperative management committee office to government bodies and courts.