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FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

CEO Tab by CEO Tab
April 29, 2026
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The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has announced that it will hold its 60th Annual General Meeting (AGM) and leadership elections on May 4.

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The schedule was revised after the organization’s earlier plan to hold the AGM and election on April 12–13 was postponed due to an interim order issued by a joint bench of the Patan High Court, comprising judges Khadka Bahadur KC and Deepak Khanal. The court order came in response to a petition that sought to halt the election process.

On April 5, members including the Federation of Nepal Petroleum Transport Entrepreneurs filed a writ petition against FNCCI, its Executive Committee, Membership Committee, and Election Committee, resulting in a temporary suspension of the election process.

Despite the delay, preparations for the upcoming election are underway, with two major panels contesting for leadership positions. A panel led by FNCCI Senior Vice-President Anjan Shrestha has fielded Shiva Prasad Ghimire for commodity vice-president, Prabal Jung Pandey for associate vice-president, and Dil Sundar Shrestha and Krishna Prasad Sharma for district and city vice-president roles.

Meanwhile, a rival panel led by Hem Raj Dhakal has nominated Jyotsana Shrestha for associate vice-president, Naresh Lal Shrestha for commodity vice-president, Kalpana Gaire and Umesh Dalmiya for district and city vice-president positions, and Kamala Shrestha for women vice-president.

The FNCCI had previously amended its statute in 2016 to allow the senior vice-president to automatically assume the presidency without contesting an election, a practice followed for the past eight years. However, the provision was later removed. The organization stated that the change will take effect after current Senior Vice-President Anjan Shrestha assumes the presidency and completes his tenure.

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