Company Law : Nidhi Companies Exposed: New MCA Rules (2022 & 2024) enforce ₹20 Lakh NOF and mandatory declaration (NDH-4). Learn about major p...
Company Law : Learn how to close a Nidhi Company due to non-compliance or voluntary decision. Explore the applicable provisions, prerequisites, ...
Company Law : Explore recent rejections of Nidhi company incorporations, the discrepancies between rejection letters and rules, and seek clarity...
Company Law : Learn how to set up a Nidhi company, from name selection to obtaining a Certificate of Incorporation, along with essential complia...
Company Law : Nidhi companies have been introduced to encourage savings among the members of the Nidhi company. Nidhi companies are not difficul...
Company Law : Government cautions stakeholders as 348 companies fail to meet requisite criteria for declaration as Nidhi company under Companies...
Company Law : Investors are advised to verify the antecedents / status of a Nidhi Company especially their declaration of their status as Nidhi ...
Company Law : Sensitization of Nidhi companies towards compliance of provisions of section 406 of Companies Act, 2013 and Nidhi Rules, 2014 as a...
Company Law : In order to make regulatory regime for Nidhi Companies more effective and also to accomplish the objectives of transparency & inve...
Company Law : Madras High Court directs to furnish fresh reply regarding compliance of defects stated in order rejecting application in e-form N...
Company Law : Madras High Court held that rejection of e-Form NDH-4 application beyond time limit of 45 days is not allowable hence petitioner d...
Company Law : Kerala High Court issues directions on Nidhi Companies' status, highlighting concerns over recent amendments, financial regulation...
Company Law : Non-filing of mandatory board resolutions approving accounts led to monetary penalties. The order reiterates that approval of acco...
Company Law : Vaishali Proficient Nidhi Ltd. penalized for failing to include DINs in filings from FY2015 to FY2019. Total penalties exceed Rs. ...
Company Law : Tilak Proficient Nidhi Limited and its directors fined by the Registrar of Companies for violating Section 118 of the Companies Ac...
Company Law : Musiri Kamadhenu Nidhi Ltd and directors fined ₹14 lakh by Chennai ROC for violating Sections 117(3)(g) & 179(3)(g) of the Compa...
Company Law : Kalpakkam Nidhi Ltd fined Rs. 20,000 for non-compliance with Rule 14(6) of Companies Act. IT order mandates payment within 90 days...
Non-filing of mandatory board resolutions approving accounts led to monetary penalties. The order reiterates that approval of accounts must be promptly reported to the regulator.
Nidhi Companies Exposed: New MCA Rules (2022 & 2024) enforce ₹20 Lakh NOF and mandatory declaration (NDH-4). Learn about major penalties, deposit safety, and name restrictions.
Overview of Nidhi Rules: registration, member limits, deposit and loan norms, prohibited activities, filing requirements, and penalties for non-compliance.
Madras High Court directs to furnish fresh reply regarding compliance of defects stated in order rejecting application in e-form NDH-4 filed by Nidhi Company. Further, department directed to pass order after considering fresh replies and after providing opportunity of being heard.
Vaishali Proficient Nidhi Ltd. penalized for failing to include DINs in filings from FY2015 to FY2019. Total penalties exceed Rs. 10 lakh.
Tilak Proficient Nidhi Limited and its directors fined by the Registrar of Companies for violating Section 118 of the Companies Act, 2013, regarding the non-maintenance of minutes books since incorporation.
Madras High Court held that rejection of e-Form NDH-4 application beyond time limit of 45 days is not allowable hence petitioner directed to submit a fresh reply regarding compliance of defects stated in orders.
Musiri Kamadhenu Nidhi Ltd and directors fined ₹14 lakh by Chennai ROC for violating Sections 117(3)(g) & 179(3)(g) of the Companies Act, 2013, concerning filing of board resolutions related to financial statements.
Kalpakkam Nidhi Ltd fined Rs. 20,000 for non-compliance with Rule 14(6) of Companies Act. IT order mandates payment within 90 days, with appeal options available.
Discover the key changes in the Nidhi (Amendment) Rules, 2024. Learn how the new rules impact Nidhi companies and their naming conventions.
