Not every commercial agreement must be notarized or registered. Section 505 allows written, oral and conduct-based contracts generally, but expressly preserves any law requiring a particular contract to follow a specific procedure or formality.[1]
The correct question is therefore whether the particular transaction is subject to a separate statutory form, registration, authentication, stamp, regulatory approval or other requirement.
Sources
- Nepal Law Commission, **National Civil Code, 2074**, Part 5, including ss. 504–541 and special contract chapters. View source