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Turn your business idea into reality

Start your Nidhi Company in Ahmednagar

*In Just 54,999/- (all inclusive)

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Prices are higher in Madhya Pradesh, Kerala,Sikkim and Punjab.

Nidhi Company Ahmednagar

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PACKAGES

    • Startup

    • 54999 /- All inclusive

      • Company Incorporation

        +

        5 Copies of MOA & AOA

        +

        Share Certificate

        +

        Minutes of Ist Board Meeting

    • Growth

    • 94999 /- All inclusive

      • Company Incorporation

        +

        50 Copies of MOA & AOA

        +

        Share Certificate up to 200 Shareholders

        +

        Minutes of 1 year BM & AGM

        +

        Trademark Registration

    • Advanced

    • 114999 /- All inclusive

      • Company Incorporation

        +

        100 Copies of MOA & AOA

        +

        Share Certificate up to 200 Shareholders

        +

        Minutes of 1 year BM & AGM

        +

        Assistance in operating bank account of the company

        +

        Application for service tax registration

        +

        Trademark Registration

        +

        Annual filing for 1 year

Nidhi Company Registration in Ahmednagar

Nidhi is a Hindi word, which means finance or fund. So, Nidhi Company can be defined as bank where only its members can deposit money or take loan.   It is kind of mutual benefits society in Ahmednagar in the form of a company.  Since Nidhi companies are registered as public limited companies; therefore, it has all the features of public limited companies such as limited liability of its members.

The main thrust to register Nidhi Company in Ahmednagar is to promote the saving habits among its members for their mutual benefits.

Nidhi Company has following features:

  • Public Company: It has to be registered as a public company.
  • Capital: Minimum paid up equity share capital shall be of Rs. 5 Lakh.
  • Object: Nidhi shall have object of promoting the habit savings amongst its members in its MOA.
  • Minimum Members: It must not have less than 200 members.

 

Why Nidhi Company:

  • If you want to start your business in financing industries, then it is the best vehicle to kick start your plan.
  • Though Nidhi Company comes under the broad category of NBFCs (Non-banking Financial Companies), yet it is exempted from stringent regulatory compliances, which otherwise you have to follow if you start NBFCs.
  • It is beneficial to raise money within tightly-knit groups.
  • Since Nidhi company gives a loan to its members, only if members provide some sort securities such as Gold, silver, jewellery, properties or any type of financial securities e.g. FD receipts, National Saving Certificates (NSCs) etc., so this mechanism protects the risk if some members fail to pay back money borrowed.

 Documents required to incorporate Nidhi Companies in Ahmednagar:

Following are the documents required for company incorporation for each director/ shareholder

  • Self attested PAN card copy.
  • Four Photographs.
  • Self attested copy of any one of the Identity Proof like Driving License, Passport, Voter ID & Adhaar Card
  • Self attested copy of any one of the Address Proof like Bank Pass Book/ Bank Statement, Telephone Landline Bill, Mobile Bill & Electricity Bill
  • Company Address proof Electricity Bill, Telephone Bill, Mobile Bill & Gas Bill, AND Rent Agreement (if rented) AND NOC for doing Business & for taking Registration.

PROCESS

DIN & DSC

DIN & DSC

1 to 2 Days

Submission of Spice Form INC-32 along with link  Form Spice MOA (INC-33) and Spice AOA (INC-34)

Submission of Spice Form INC-32 along with link Form Spice MOA (INC-33) and Spice AOA (INC-34)

4 to 5 Days

Certificate Of Incorporation

Certificate Of Incorporation

6 to 10 Days

Why Nidhi Company?

SEPARATE LEGAL ENTITY

A Public Limited Company having its distinct identity from its members. A company is a separate person having its own rights & Obligations.

PERPETUAL SUCCESSION

Death, insolvency and insanity etc of any of the member does not affect the continuity of the company. Thus the life of the company does not depend upon the life of its members.

LIMITED LIABILITY

Limited Liability means the status of being legally responsible only to a limited amount for debts of a company. It is not like a partnership firm in which member’s liability is unlimited i.e. in a company members are only liable for unpaid shares held by them and not more than that.

Frequently Asked Question

Can body Corporate or Trust become member of Nidhi Company?

No, Trust or Body Corporate can not be admitted as a member of Nidhi Company.

Can Nidhi Company issue preference shares?
Nidhi Company can not issue preference shares, and If preference shares had been issued by a Nidhi before the commencement of Companies Act, 2013, then such preference shares shall be paid back to preference shareholder in accordance with the terms of issue of such shares.
Can Minor become member of Nidhi Company?

No, A minor shall not be admitted as a member of Nidhi but deposits may be accepted in the name of a minor, if they are made by the natural or legal guardian who is a member of Nidhi.

What is net owned fund?

Here, “Net Owned Funds” means the aggregate of paid up equity share capital and free reserves as reduced by accumulated losses and intangible assets appearing in the last audited balance sheet.

Proceeds from issue of preference share shall not be included in Net Owned Funds.

About Us

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We are experts in legal, professional and financial advisory services and help our clients in setting up their business entities and managing various business functions feasibly and effectively.

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