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Bhumit Shah

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Compliances & rules for Nidhi Companies under Company Law

March 16, 2021 8466 Views 0 comment Print

Nidhi means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings among its members, receiving deposits from, and lending to, its members only, for their mutual benefit, and which complies with such rules as are prescribed by the Central Government for the regulation of such class of Companies

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