Nidhi Company Registration

Pricing

RS 14999

(Govt Fees and All expenses Included-No Extra Charges), Payment Terms: Pay 50% Advance & 50% after Registration.

BASIC

RS 19999

(Govt Fees and All expenses Included-No Extra Charges), Payment Terms: Pay 50% Advance & 50% after Registration.

STANDERED

RS 24999

(Govt Fees and All expenses Included-No Extra Charges), Payment Terms: Pay 50% Advance & 50% after Registration.

PREMIUM

About Nidhi Company

Nidhi Company governed in India by Companies Act 2013, and define under section 403, and is belongs to the non banking Indian finance sector. Nidhi Companies are regulated by Ministry Of Corporate Affairs (MCA).

 

Nidhi Companies are incorporated with the object of developing the habit of thrift and reserve funds amongst its members and also receiving deposits and lending to its members only for their mutual benefits.

 

Nidhi Company must have minimum 3 directors. All the Nidhi Company shall have the last word as “Nidhi Limited” as a part of its name. Nidhi Company is easy and economic to register.

Capital Requirement

The Ministry of Corporate Affairs has done away with the minimum capital requirement of INR 5 Lakhs for Nidhi’s. It is only after Nidhi Rules, 2014, that mandated the infusion of INR 10 lakhs for such companies.

CHANNELISATION OF SAVINGS

The main aim of such companies is to promote the habit of saving and thrifts among lower and middle section of the society. These small sections of the population contribute to the funds of and avail credit from Nidhi companies

 

BETTER CREDIBILITY

A Nidhi company enjoys better credibility when compared to Mutual Benefit Organizations. Nidhi companies are registered and monitored by the Central Government. Mutual Benefits Organization are on the other hand governed and monitored by State Governments.

 

Going Concern

A Nidhi company being a juristic person, can acquire, own, enjoy and alienate property in its own name. No member can make any claim upon the property of the Nidhi Company as long as it is a going concern.

Outsider Intervention

The Nidhi companies are formed by, managed by, and provide benefits to their members only. The outsider is not allowed to intervene in the working of the Nidhi’s, neither allowed to deposit money or avail credit from these companies.

 

Easy Management

The Board of Management of a Nidhi company can be easily changed by filing simple forms with the Registrar of Companies. The Board of Management of a Nidhi company controls the activities of the Nidhi Company.

 
 

MINIMUM REQUIREMENTS

DOCUMENTS REQUIRED FOR REGISTRATION

REGISTERED OFFICE PROOF

Nidhi Rules

Registration

Requirements within one year of registration

General restrictions and prohibitions

Membership

Branches Opening

Branches Closing

Deposit Conditions

Deposit Interest Rate

Loans Limit

Loans Conditions

Loans Interest Rate

Directors

Dividend

Auditor

Penalty for non-compliance

Process

Name Approval Application

DSC (Digital Signature)

Apply For DIN (Director Identification Number)

FORM SPICE (INC-32) MOA (INC-33), AOA (INC-34), AGILE

Certificate Of Incorporation

PAN and TAN application

Commencement of Business (INC-20A)