• Sep
  • 24
  • 2011

Section 620A of the Companies Act, 1956 – Nidhis/Mutual Benefit Societies – Power to modify Act, in relation to nidhis, etc. – Amendment in Notification No. G.S.R. 978(E), dated 28-5-1963

Posted In Company Law | | 2 Comments » Print Friendly and PDF

SECTION 620A OF THE COMPANIES ACT, 1956 – NIDHIS/MUTUAL BENEFIT SOCIETIES – POWER TO MODIFY ACT, IN RELATION TO NIDHIS, ETC. – AMENDMENT IN NOTIFICATION NO. G.S.R. 978(E), DATED 28-5-1963

NOTIFICATION NO. G.S.R. 679(E), DATED 14-9-2011

In exercise of the powers conferred by sub-sections (1) and (2) of section 620A of the Companies Act, 1956 (1 of 1956), the Central Government hereby directs that in Schedule-I annexed to the notification number GS.R. 978, dated the 28-5-1963, after serial number 368 and the entries relating thereto, the following serial numbers and entries shall be added, namely:—

(1)
(2)
“369
M/s. Sakthi Sivam Benefit Fund Limited,

Shop Nos. 30 to 32, Divya Towers,
Fort Main Road, Shevapet, Salem-636001
(Tamil Nadu)
370
M/s. St. Mary’s Benefit Fund Limited,

No. 3, New Mahalipatti Road,
Madurai-625001 (Tamil Nadu)
371
M/s. Udhayam Benefit Fund Limited,

115, Panakal Street, Kaveripattinam,
Krishnagiri, Dharmapuri Distt.-635112 (Tamil Nadu)
372
M/s. Krishnanvaka Benefit Fund Limited,

7/18, Sri Parthasarathy Temple Campus,
Nandavanam, Thuckalay,
Distt., Kanyakumari -629175
373
M/s. Mayiladuthurai Ramu Benefit Fund Limited,

1/60-B, Main Road, Sembanarkoil-609309
(Tamil Nadu)
374
M/s. Rasipuram Benefit Fund Limited,

50, Upstairs Pookadai Street, Rasipuram,
Salem, Distt.-637408 (Tamil Nadu)
375
M/s. Thiruvathipuram Benefit Fund Limited,

New No. 125, Old No.46-A, Gandhi Road,
Cheyyar-604407 (Tamil Nadu)
376
M/s. Tamilnadu Benefit Fund Limited,

25-A, Narimedu Main Road, Narimedu,
Madurai-625002
377
M/s. Thenmalar Benefit Fund Limited,

No. 24-D-10, Sugar Mill Road,
Alanganallur, Madurai-625502
378
M/s. Muthoothu Mini Nidhi Limited,

No. 102,1st Floor (Copper Arch),
83, Infantry Road, Bangalore-560001
379
M/s. Mercury Benefit Fund Limited,

235, Main Road, Chinnamanur-625515
380
M/s. V.D.S. Vijayaraj Benefit Fund Limited,

No. 372, Car Street, Tiruvannamalai-606601
381
M/s. Sri Raghavendra Benefit Fund Limited,

66, Panakal Street, Kaveripatnam-635112,
Krishnagiri (Distt. & Taluk),
Tamil Nadu
382
M/s. C. R. Benefit Fund Limited,

“JAYAPRIYA BUILDING”, 30, Main Road,
Neyvcli-607802 (Tamil Nadu)”

2 Responses to “Section 620A of the Companies Act, 1956 – Nidhis/Mutual Benefit Societies – Power to modify Act, in relation to nidhis, etc. – Amendment in Notification No. G.S.R. 978(E), dated 28-5-1963”

  1. MANOMITA SARKAR says:

    Is NIDHI an instrument for collective investment under its member ? Is it a secured instrument for investment ? I want to know more details of NIDHI. Can I say NIDHI is a quasi bank ? Please answer.

  2. Rajsekhar panda says:

    can u help me about the registration of a MBFC or MBC

Leave a Reply

GET FREE EMAIL UPDATES