Category: Company Rules
Form NDH -4 – Declaration of Nidhi Company
Guidelines for filing of form NDH-4 (Application for Declaration/ Updation of status of Nidhi) Ministry of corporate affairs came up with some amendments in...
Compliance Requirements and Loans Under Nidhi Companies
A Nidhi company is a company that is recognised under section 406 of the Companies Act, 2013 read with Nidhi Rules 2014. Its core...
Nidhi Company – The Important Rules You Should Know
Nidhi Company under Companies Act 2013 is governed under section 406 of the Companies Act 2013. There are many people who have started their Nidhi...
What is the difference between Chit Fund & Nidhi Company?
This article discusses the basic difference between chit fund & Nidhi company. First, let us give a basic understanding as to what is a Chit Fund...
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...
When and how can any Nidhi company create other branches?
1. Any Nidhi company can open its branches only if it is in profit for 3 years and is following the Nidhi rule properly.2. A Nidhi...