Starting a Nidhi Company in Mumbai
‘Nidhi’ is a Hindi word which means treasure. In business world, it refers to any jointly valuable society that has been informed by the center, which strives to promote the habit of savings among its members. A Nidhi company registration in Mumbai is carried out in the same way a public limited company is registered. Therefore, it contains all the features of public limited company; let’s say its members have the feature of limited liability.
A Nidhi Company refers to a Non-Banking Finance Corporation (NBFC) which is quite prevalent in the Southern states of the country. This company structure is categorized under section 406 of the Companies Act, 2013 and is overseen by the Companies Act, 2013 and Companies (Nidhi Companies) Rules, 2014.
The minimum capital cap in case of Nidhi Company in Mumbai is Rs. 5, 00,000 and the minimum number of members should not be less 3.
At Registrationwala, we are well-versed with the ongoing trends in the business sector and our professionals provide full-fledged support in regard to Nidhi Company registration in Mumbai.
For any kind of business incorporation and business management needs, we are always ready to deliver world-class support. Nidhi Company is considered as the most secure and the least costly option for gaining assets from the General open. (Only by registering them as persons).