With the Prompt Action of CA/CS, Register Your Nidhi Company Quickly but Flawlessly
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A Nidhi Company is a type of Non-Banking Financial Company (NBFC) dedicated to lending or borrowing money to all its members as required. According to the Nidhi Rules, 2014, members can borrow money against tangible collateral such as property mortgage, gold, etc. Nidhi companies have to register under the Companies Act, 2013.
The conception of Nidhi Company was initiated to practice thrift amongst its members, receiving deposits and lending money for mutual benefit. A Nidhi company is regulated by the Ministry of Corporate Affairs but it does not need to receive any license from the Reserve Bank of India (RBI).
These companies will be registered as public limited companies, and you can mention them as “Nidhi Limited” following the names of the companies.
If you like to Register a Nidhi company, we can assist you. We have dedicated CA/CS services for your customized needs. So, what are you waiting for? Contact us today.
Among the heaps of advantages, some vital points are mentioned here. Let’s learn them.
Nidhi Company enjoys a separate legal existence as a registered Mutual Benefit Society. The company can dispose of or acquire funds/assets in its name.
The invested or contributed amount to the company comes from its members. Hence, the liability is limited. The members will remain liable for their shares only. The members do not have any personal liabilities towards the company’s liabilities.
The members can borrow funds from the company’s account deposited by themselves only. Hence, they can borrow it at the lowest interest rate they decide.
The company should have at least:
A list of documents is mentioned below for registering a Nidhi company. They are:
Start Up
Basic Plan
Smart Plan
Mega Plan
Our experts manually validate the document and process filing
Fill the Form & Make the Payment
Expert Will Call You & Receive All the Necessary Documents.
Will Create DSC & the DIN Number of Director
MoA and AoA Drafting & Submit
Your Documents will be Filed & Submitted to the ROC
Congratulations! You've registered your company. Certificates Will Be Provided
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In India, section 406 of the Companies Act, 2013 recognizes the Nidhi Company Registration process under the Ministry of Corporate Affairs (MCA) of the Indian Govt.
