The country has been without a government since June 30, when former prime minister Madhav Kumar Nepal stood down under pressure from the opposition Maoist party to pave the way for a new power-sharing administration.
Since then, political leaders have been unable to agree on the shape of the new administration and five earlier votes to try to select a new prime minister have failed.
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The Maoists, who fought a decade-long civil war against the state before transforming themselves into a political party ahead of 2008 elections, hold the largest number of seats in parliament, but not enough to govern alone.
Party leader Pushpa Kamal Dahal, better known as Prachanda, is standing against Ram Chandra Poudel, chairman of the second-largest party in parliament, the centrist Nepali Congress.
But neither candidate has been able to secure the backing of the rival parties they need to form a new coalition government.
The Maoists are in talks with a grouping of four small parties that collect