FYCIS_Nidhi_2

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...
Incorpationof-nidhi

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...
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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...