Category: Software
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...
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...
