Government Tightens Nidhi Companies’ Compliance Norms

Government Tightens Nidhi Companies’ Compliance Norms The Ministry of Corporate Affairs vides its notification dated 19th April 2022, has published the Nidhi (Amendment) Rules, 2022 to further amend the Nidhi Rules, 2014. To protect the interests of the public and…

Nidhi (Amendment) Rules, 2022

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…