Nidhi Company

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Nidhi Company

Nidhi Company Incorporation Procedure

Nidhi Company Incorporation

Nidhi means “Treasure”, Nidhi Companies are the companies which are involved in the activities of acceptance of deposits and lending to its members. Th...

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Nidhi Company

Annual Compliance of Nidhi Company

Annual Compliance of Nidhi Company

Every Nidhi company has to submit its annual returns to MCA and another regulatory department by 30-09 of the following financial year. In this article, we...

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Nidhi Company

Checklist for Audit of Nidhi Company

Checklist for Audit of Nidhi Company

The Audit and annual returns to MCA of the Nidhi Company is a statutory requirement and a company registered as Nidhi Company must comply with the Compan...

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Nidhi Company

Points to Focus on Nidhi Company Registration

Nidhi Company Registration Process

Nidhi company registration process is very similar to a public limited company, however, the functioning of the company is different and MOA & AOA is m...

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Nidhi Company

Checklist for Incorporation of Nidhi Company

Checklist for Incorporation of Nidhi Company

Nidhi company is the most popular structure to start finance business for the community and by the community. In this article, We will discuss the checklis...

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Nidhi Company

Can Nidhi Company Do Micro Finance Business or Gold Loa...

Gold Loan by Nidhi Company

Nidhi Company is not permitted to do the Micro Finance business in India. Micro Finance credit is a kind of business that has been specially assigned to th...

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Nidhi Company

Requirement for Branch Opening by Nidhi Company

Requirement for Branch Opening by Nidhi Company

After the registration of a Nidhi company, promoter should know the regulatory requirement about the name of branches allowed in a district or state. In th...

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Nidhi Company

Acceptance of Deposit by Nidhi Company

Acceptance of Deposit by Nidhi Company

Public deposit is one of the best ways to raise fund in Nidhi Company however, timely repayment to depositors is mandatory as per law. In this article, we...

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