The Finance Committee of the House of Representatives has said that there is no need to stop the licensing process for the new stock exchange. The meeting held on Friday said that there is no need to delay the licensing process. Secretary of the committee, Rekha Upadhyay Khanal, while talking to Redstar Khabar said that there was no need to stop the process of a new license, and the discussion was held accordingly.”The committee has not instructed the government to proceed with the process of new licenses, but it has said that there is no reason to stop it,” she said. Although the Securities Board had started the process last May, the government had given instructions to stop it. The Finance Committee had opened the way for the broker license distribution which had been stopped. Accordingly, new broker companies have also started business with a license. How was the stock license suspended? It has been a year since the Nepal Securities Board tried to license a new stock exchange. Last year, on October 2, the application was opened by giving 45 days to interested companies for new stock operations. But there was a complaint against it. Advocate Deepak Vikram demanding cancellation of the application filed a written in the Supreme Court on October 31. It was heard on November 4 last year. In which a single bench of Judge Til Prasad Shrestha issued a short-term interim order and ordered to keep the process as it is. But on March 26, a joint bench of Justices Anil Kumar Sinha and Sushmalata Mathema dismissed the writ itself. According to this, the Securities Board was allowed to start the process of granting licenses for new stocks. Accordingly, the board asked for re-application. In which three companies applied. Those three companies were – the National Stock Exchange, the Annapurna Stock Exchange, and the Himalayan Stock Exchange. But Prime Minister Pushpa Kamal Dahal himself instructed not to grant new licenses for the time being. The process was stopped again when the Prime Minister told the Securities Board through the Ministry of Finance not to grant the license immediately. Thus, the new license process, which has been stopped twice, has started for the third time.