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 : Learn about the rules, regulations, and norms governing Nidhi companies in India. Explore deposit norms, lending regulations, and ...
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 : Kerala High Court issues directions on Nidhi Companies' status, highlighting concerns over recent amendments, financial regulation...
Company Law : Check out the latest Companies (Incorporation) Amendment Rules 2024 issued by Ministry of Corporate Affairs, omitting word Nidhi f...
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...
Company Law : On and after commencement of Nidhi (Amendment) Rules, 2022, public company desirous to be declared as a Nidhi shall apply, in Form...
Company Law : Provided further that in case of a Company being incorporated as a Nidhi, the declaration by the Central Government under section ...
Company Law : entral Government in the interest of public, hereby directs that certain provisions of the Companies Act, 2013, as specified in co...
‘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.
Learn about Nidhi Company and its role as a Non-Banking Financial Corporation (NBFC) under the Companies Act, 2013.
Learn about the provisions and regulations related to Nidhi companies. Understand the objectives and applicability of Nidhi companies under the Companies Act.
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.
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 […]
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 […]
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 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 […]
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. […]
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