Nidhi Company

Nidhi Company is a company registered under the Companies Act, 2013, which has a sole objective of cultivating the habit of thrift and savings amongst its members. Nidhi companies are allowed to take deposit from its members and lend to its members only.Therefore, the funds contributed for a Nidhi company are only from its members (shareholders) and used only by the shareholders of the Nidhi Company.

Key Features of Nidhi Company

• Separate Legal Entity.

• Uninterrupted Existance.

• Better Credibility.

• Easy Management.

• Going Conecrn.

• Limited Liability.

About Nidhi Company

Nidhi company is a class of NBFCs and RBI is empowered to issue directions to them in matters relating to their deposit acceptance activities. Nidhi Company is an ideal entity to take deposit from and lend to a specific group of people.

Company incorporation Process

The company incorporation process is online. You can email / upload us the required documents.Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time.