Speaking in the 598-member House, CPN (Maoist Centre) Chairman Pushpa Kamal Dahal 'Prachanda' sought the support of the lawmakers for the no-confidence motion.
The no-trust motion was registered by the largest party in the parliament Nepali Congress, CPN-Maoist Centre and CPN-United.
They have been demanding that Oli should resign to clear the way for formation of a new government.
281 parliamentarians of 13 parties have supported the motion. The parliament will hold discussions for three days on the motion.
Nepali Congress and Maoist had decided to table the bills before tabling the no-trust motion as per the request of the ruling parties, but they voted against it.
The parliament meeting has been postponed till tomorrow morning.
Oli, who became prime minister last October heading Nepal's eighth government in the past 10 years, has been facing a no-trust motion after the Maoists withdrew support from the coalition government last week.
Nepali Congress and the Maoists tabled the no-trust motion against Oli, accusing him of not honouring his past commitments.
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