Regarding Nidhi Companies, G.S.R. 450(E), dated 01/07/2005

New Delhi, the 1st July, 2005

G.S.R. 450(E).—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‑(i) Declares the following companies to be Nidhis subject to the directions specified in the notifications of the Government of India in the erstwhile Ministry of Law, Justice and Company Affairs (Department of Company Affairs) numbers OSR 241 dated the 28th April, 1995, GSR 555 (E) dated the 26th July, 2001, GSR308(E) and 309(E) both dated the 30th April, 2002, namely :—

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