Author: Satyam Sharma
A Complete Guide to Nidhi Company
Introduction- Nidhi Company “Nidhi” is defined as a company which has been incorporated as a Nidhi Company with the following objectives: To cultivate the habit of thrift and savings...
Restrictions on Nidhi Companies
As per Rule 6 of Nidhi rules 2014, a Nidhi Company cannot perform the following activities: Conduct the business of chit fund, leasing finance,...
Prerequisites For Forming a Nidhi Company
To establish a Nidhi Company, the following criteria must be met: The company must have the suffix “Nidhi Limited” in its name The company...
