checlist

Compliance Check List – Nidhi Company

Nidhi (or a mutual benefit society) means a company  Which has been incorporated as a Nidhi with the object of – Cultivating the habit of thrift and savings...
knowaboutnidhi

5 Things To Keep In Mind Before Starting A Nidhi Company

The Ministry of corporate affairs (MCA) has recently tightened the compliance norms for Nidhi companies. The Ministry has also advised investors to verify the...
Advantages-of-Nidhi-Companies

Benefits of Starting a Nidhi Company

The central goal behind establishing a Nidhi Company is to encourage its members to save so that they can meet their financial requirements which...
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,...