nidhi company incorporation

  • Online Nidhi Company Registration | Register a Nidhi company

    What is a Nidhi Company? A Nidhi company is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit...
  • Starting a Nidhi Company

    Starting a Nidhi Company in India

    Nidhi Companies is regulated by Secon 406 of Companies Act 2013 and Companies (Nidhi Companies) Rules, 2014 MEANING: Nidhi Company means a company which has been incorporated as a public company with the object of-Culvang the habit of thri and savings amongst its members and receiving deposits from, and...
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    Nidhi Company is a company registered under the Companies Act, 2013, which has a sole objective of cultivating the habit of thrift and savings amongst its members. Nidhi companies are allowed to take a deposit from its members and lend to its members only. Therefore, the funds contributed for...
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