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Nidhi Companies

Latest Articles


Guide to Strike-off a Nidhi Company: Process, Prerequisites & Documents

Company Law : Learn how to close a Nidhi Company due to non-compliance or voluntary decision. Explore the applicable provisions, prerequisites, ...

May 6, 2024 687 Views 0 comment Print

Clarification on Rejection of Nidhi Company Incorporation

Company Law : Explore recent rejections of Nidhi company incorporations, the discrepancies between rejection letters and rules, and seek clarity...

April 18, 2024 4845 Views 1 comment Print

Setting Up of Nidhi Company and Its Complaince Thereon

Company Law : Learn how to set up a Nidhi company, from name selection to obtaining a Certificate of Incorporation, along with essential complia...

April 13, 2024 1086 Views 0 comment Print

A Comprehensive Guide to Nidhi Company

Company Law : Nidhi companies have been introduced to encourage savings among the members of the Nidhi company. Nidhi companies are not difficul...

January 22, 2024 1155 Views 0 comment Print

Nidhi Company: Lending, Deposits, Interest Rate, Rules & Norms in India

Company Law : Learn about the rules, regulations, and norms governing Nidhi companies in India. Explore deposit norms, lending regulations, and ...

June 7, 2023 9585 Views 0 comment Print


Latest News


348 companies fail to meet criteria for declaration as Nidhi company

Company Law : Government cautions stakeholders as 348 companies fail to meet requisite criteria for declaration as Nidhi company under Companies...

August 25, 2021 1116 Views 1 comment Print

Verify status of Nidhi companies before investment: MCA

Company Law : Investors are advised to verify the antecedents / status of a Nidhi Company especially their declaration of their status as Nidhi ...

February 25, 2021 5745 Views 1 comment Print

Sensitization of Nidhi companies towards section 406 compliance

Company Law : Sensitization of Nidhi companies towards compliance of provisions of section 406 of Companies Act, 2013 and Nidhi Rules, 2014 as a...

March 20, 2020 2115 Views 0 comment Print

Nidhi Companies to apply to update their as Nidhi Company

Company Law : In order to make regulatory regime for Nidhi Companies more effective and also to accomplish the objectives of transparency & inve...

March 14, 2020 1017 Views 0 comment Print


Latest Judiciary


Kerala HC Directs on Nidhi Companies: Operations Shouldn’t Become Impossible

Company Law : Kerala High Court issues directions on Nidhi Companies' status, highlighting concerns over recent amendments, financial regulation...

May 5, 2024 573 Views 0 comment Print


Latest Notifications


MCA Eases Naming Rules for Nidhi Companies

Company Law : Check out the latest Companies (Incorporation) Amendment Rules 2024 issued by Ministry of Corporate Affairs, omitting word Nidhi f...

July 17, 2024 561 Views 0 comment Print

Nidhi (Amendment) Rules, 2023

Company Law : MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th January, 2023 G.S.R. 35(E).—In exercise of the powers conferred b...

January 20, 2023 9126 Views 0 comment Print

Nidhi (Amendment) Rules, 2022

Company Law : On and after commencement of Nidhi (Amendment) Rules, 2022, public company desirous to be declared as a Nidhi shall apply, in Form...

April 19, 2022 45543 Views 0 comment Print

Companies (Incorporation) Amendment Rules, 2022

Company Law : Provided further that in case of a Company being incorporated as a Nidhi, the declaration by the Central Government under section ...

April 8, 2022 6624 Views 0 comment Print

Exemptions to Nidhis under section 462 of CA 2013

Company Law : entral Government in the interest of public, hereby directs that certain provisions of the Companies Act, 2013, as specified in co...

June 5, 2015 6461 Views 0 comment Print


Nidhi Companies under Companies Act, 2013

August 18, 2022 33003 Views 5 comments Print

‘Nidhi’ means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members. Such Companies receive deposits from and lend to its members only for their mutual benefit.

Nidhi Company- A Profound Insight

May 22, 2022 981 Views 0 comment Print

Learn about Nidhi Company and its role as a Non-Banking Financial Corporation (NBFC) under the Companies Act, 2013.

Nidhi Company – Provisions

May 21, 2022 2724 Views 0 comment Print

Learn about the provisions and regulations related to Nidhi companies. Understand the objectives and applicability of Nidhi companies under the Companies Act.

Nidhi Rules 2014 before & after amendment vide Nidhi Rules 2022

May 2, 2022 4608 Views 2 comments Print

Understanding the Changes in Nidhi Rules, 2014 with the Introduction of Nidhi (Amendment) Rules, 2022. Learn about the provisions and criteria before and after the amendment.

Fresh Legal Web Spinned For Nidhi Companies

April 23, 2022 1926 Views 1 comment Print

Nidhi (Amendment) Rules, 2022-Fresh Legal Web Spinned For Nidhi Companies With the advent of Nidhi (Amendment) Rules, 2022 made effective from 19th April, 2022, yet another set of new legal compliances have been imposed on Nidhi Companies by the Ministry of Corporate Affairs ( MCA ) in wake of the rising frauds and mis-deeds of […]

Brief/Explanation of New Nidhi Rules 2022

April 22, 2022 18789 Views 0 comment Print

If you are running a Nidhi Company or planning to open a Nidhi Company and not sure about the NDH-4 will get approval or not and already frustrated with the amount of compliance you face, we have some good news for you. The government of India after certain recommendations from committee formed for Nidhi Company […]

Brefings of Nidhi (Amendment) Rules, 2022

April 22, 2022 5778 Views 2 comments Print

The Ministry of Corporate Affairs vide Nidhi (Amendment) Rules, 2022, dated 19th April, 2022, introduced  substantial amendments in terms of Nidhi Rules, 2014. The Nidhi (Amendment) Rules, 2022 has been explained in a very effortless simple terms as under. The following clause in Rule 3A of the said rules, after the third proviso, the following […]

Nidhi (Amendment) Rules, 2022 – Detailed analysis of compliances

April 21, 2022 7575 Views 1 comment Print

Nidhi Company along with recent amendments dated 19.04.2022 vide Nidhi (Amendment) Rules, 2022 Introduction:  This Article contains detailed analysis of compliances applicable to Nidhi Company. MCA has recently came out with some amendments in the Nidhi Rules, 2014 vide Nidhi (Amendment) Rules, 2022 dated 19.04.2022 wherein more stringent norms have been prescribed by Central Government […]

Analysis of Nidhi (Amendment) Rules, 2022

April 21, 2022 5484 Views 0 comment Print

MCA Notification No. G.S.R. 301(E) Dtd. 19th April, 2022 The MCA vide its notification dated 19th April, 2022 has introduced some important amendments to the existing Nidhi Rules, 2014 by notifying Nidhi (Amendment) Rules, 2022 which shall come into force on the date of its publication in the Official Gazette i.e., 19th April, 2022. Sr. No. […]

Nidhi (Amendment) Rules, 2022

April 19, 2022 45543 Views 0 comment Print

On and after commencement of Nidhi (Amendment) Rules, 2022, public company desirous to be declared as a Nidhi shall apply, in Form NDH-4, within a period of one hundred twenty days of its incorporation for declaration as Nidhi

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