Requirements

Requirements for a “Nidhi Company Incorporation”

Given below are the essential conditions that must be met for registering or operating a Nidhi Company. Requirement before Registration Minimum number of shareholders...
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Procedure for Nidhi Company Registration

Though the process of registering a Nidhi Company is simple, still, assistance from a professional is advised for the completion of various complex forms...

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...
RestrictionNidhi

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,...
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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...