KATHMANDU: The Supreme Court has issued a show-cause order in response to a writ petition filed against the appointment of Dr. Biswo Nath Poudel as the Governor of Nepal Rastra Bank.
The court has also summoned both parties for a discussion on the matter.
The bench of Justice Abdul Aziz Musalman issued the show-cause order concerning the governor’s appointment.
Advocates Bishal Thapa, Prativa Upreti, and Anantaraj Luintel filed the writ petition at the Supreme Court on Tuesday, demanding the annulment of Poudel’s appointment.
The petition claims that Poudel was appointed despite lacking the mandatory qualifications prescribed by the Nepal Rastra Bank Act, 2058 (2002).
Dr. Poudel was appointed as the Governor of the central bank on Jestha 6 (May 20, 2025) based on a political power-sharing agreement between the ruling Nepali Congress and the CPN-UML.