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SK 2825 05 November 2020 – Mycophyta : 9 posts by 3 authors. 3 images- 7 mb each.
Location: Kathmandu Valley
Date: October 2020
Elevation: 1500m.
Habitat : Wild
Although fruiting bodies are still immature but this reminds me of Flammulina sp. (Physalacriaceae)
… any idea of wood host tree please try to collect host tree data also while picturing mushroom beacause many a times it really aids in correct identification of mushroom.
I will post my Flammulina cf. populonica images for comparison shortly.
It was a decayed root stock. I shall keep in mind in future!
Thanks, …
Catalogue of life shows Flammulina under family Charopidae
Flammulina belongs to Physalacriaceae as per COL and most recent papers and other sites http://www.catalogueoflife.org/col/details/species/id/763e441f9de7ec8f7bcf322879c8ebe2
Sir I think you confused it with Flammulina Suter. now basionym of Phenacohelix genera which belongs to Charopidae (Mollusca) and is a land snail genera and family, not a mushroom 
Thanks, …, Sorry, for the confusion.
Yes It is Flammulina sp, (Physalacriaceae) close to F. velutipes (Curtis) Singer
Thanks, …,
What are the species reported from Nepal?
I think very difficult to say about species id (as images look different) as per