Post by: Renu Suresh in Company Registration
Nidhi Company Registration A Nidhi Company in India is a non-banking financial Company (NBFC) that operates under the regulatory framework of the Nidhi Rules, 2014 and is governed by Section 406 of the Companies Act, 2013. Operating as a public…
Post by: Renu Suresh in Legal
Compliance Requirements under Nidhi Companies Nidhi Company is a type of Non-Banking Financial Company (NBFC) that has the principal object of borrowing and lending money between its members. This Mutual Benefit Company needs to file little annual compliance and it…
Post by: poonamgandhi in Company Company Registration Legal
Nidhi (Amendment) Rules, 2022 The Ministry of Corporate Affairs, vide notification dated 19th April 2022, amended the Nidhi Rules, 2014. Notably, the Nidhi (Amendment) Rules, 2022 make prior declaration from the Central Government mandatory, before accepting the deposits for public…
Post by: IndiaFilings in Business Startup
Starting a Nidhi Company The word “Nidhi” in Nidhi Company comes from a root word traditionally meaning “treasure”. In its more recent context in the Indian financial sector, it refers to any mutual benefit society notified by the Central /…
