Nidhi Amendment Rules 2019

Nidhi Amendment Rules 2019 Vide notification dated 1st┬áJuly 2019, the Ministry of Corporate Affairs has come up with the Nidhi (Amendment) Rules 2019 which are made effective from 15th August 2019. The important amendments are highlighted hereunder: Definition of the…

Nidhi Company Registration

Nidhi Company Registration Nidhi Companies in India are created for cultivating the habit of thrift and savings amongst its members. Nidhi companies are allowed to borrow from their members and lend to their members. Therefore, the funds contributed to a…