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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 2847 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 7239 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 1278 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 1743 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 12006 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 1155 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 5871 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 2304 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 1089 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 1491 Views 0 comment Print


Latest Notifications


Musiri Kamadhenu Nidhi & Directors Penalized for Non-Filing of Resolutions

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...

December 12, 2024 291 Views 0 comment Print

Nidhi Company Penalized for Omitting PAN & Email IDs in Return of Allotment

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...

November 22, 2024 333 Views 0 comment Print

Nidhi (Amendment) Rules, 2024

Company Law : Discover the key changes in the Nidhi (Amendment) Rules, 2024. Learn how the new rules impact Nidhi companies and their naming con...

July 16, 2024 957 Views 0 comment Print

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 16, 2024 1980 Views 1 comment Print

Penalty for Non-Filing of Board Resolution by Nidhi Company

Company Law : M/s. Arradiyaa Global Benefits Nidhi Ltd. penalized for non-filing of a Board resolution approving accounts for FY 2020. Learn abo...

May 24, 2024 228 Views 0 comment Print


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

June 7, 2023 12006 Views 0 comment Print

Learn about the rules, regulations, and norms governing Nidhi companies in India. Explore deposit norms, lending regulations, and interest rates.

How to Incorporate a Nidhi Company

April 10, 2023 2391 Views 0 comment Print

Learn the step-by-step process to incorporate a Nidhi Company in India. Understand the basic requirements, applicable sections, and rules. Choose between the direct and indirect routes for seamless registration. Get your Nidhi Company up and running hassle-free.

Nidhi (Amendment) Rules, 2023

January 20, 2023 10086 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th January, 2023 G.S.R. 35(E).—In exercise of the powers conferred by sub-section (1) of section 406 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules, further to amend the Nidhi Rules, […]

Annual compliance for Nidhi company

January 11, 2023 6693 Views 0 comment Print

Stay on top of your British Nidhi Company compliance requirements with annual checks. Learn all about Annual compliance for Nidhi Company on this blog.

Nidhi Companies under Companies Act, 2013

August 18, 2022 36954 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 1044 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 2895 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 4890 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 2028 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 18975 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 […]

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