Nidhi Company


Nidhi Company its Process for Incorporation and Restrictions
Nidhi Company its Process for Incorporation and Restrictions
Nidhi Company

Nidhi Company is defined under section 406, which lays down as below:

Nidhi means a company which has been incorporated with the object of cultivating the habit of savings amongst its members, receiv ....

  • February 14, 2023
  • Dushyant Sharma
Nidhi Company: Know how to register a Nidhi Company in India
Nidhi Company: Know how to register a Nidhi Company in India
Nidhi Company

Nidhi Company is a type of business model prevalent in India which is governed under the Companies Act of 2013. Its sole objective is to engage with thrift as well as savings among its members. A Nidh ....

  • August 16, 2022
  • Dushyant Sharma
How to opt for Nidhi Company Registration in India?
How to opt for Nidhi Company Registration in India?
Nidhi Company

A Nidhi Company is a business entity governed under India's Companies Act of 2013. The objective of a Nidhi Company is to engage its members in money-saving habits. A Nidhi Company is a kind of NBFC (N ....

  • October 18, 2022
  • Dushyant Sharma
Understanding the Legal Requirements for Nidhi Company Registration
Understanding the Legal Requirements for Nidhi Company Registration
Nidhi Company

A Nidhi Company is an entity governed under the Companies Act of 2013 with the objective of promoting thrift and savings among its members. It is a Non-Banking Financial Institute that exclusively len ....

  • February 21, 2023
  • Dushyant Sharma
Future of Nidhi Companies in India: Opportunities and Challenges
Future of Nidhi Companies in India: Opportunities and Challenges
Nidhi Company

Nidhi Companies, also known as Mutual Benefit Societies, are Non-Banking Financial Companies (NBFCs) registered under Section 406 of the Companies Act of 2013 in India. These Companies primarily deal ....

  • March 10, 2023
  • Dushyant Sharma
Benefits of registering a Nidhi Company with the Ministry of Corporate Affairs
Benefits of registering a Nidhi Company with the Ministry of Corporate Affairs
Nidhi Company

A Nidhi Company is a Non-Banking Financial Institution or an NBFI type. The Companies Act delegates a Nidhi to primarily provide services, such as accepting deposits and lending money among its exclus ....

  • April 01, 2023
  • Dushyant Sharma

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