In India, Nidhi companies are getting regulated directly by the Ministry of Corporate Affairs (MCA) and followed the guidelines of RBI. Any group or association where 7 people are members can apply for Nidhi company registration. The company must get registered under the Companies Act of 2013 and the members have the shares of theContinue reading “How to Proceed Nidhi Company Registration Online”
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What You Should Have Known About Nidhi Finance Company
Nidhi finance companies are a dime a dozen in India. Do you know how they work? What their objectives are? Here, we will explore all you need to know about it. Nidhi companies are credit cooperatives that provide small loans to members without taking any collateral. They use a savings-linked deposit system where members contributeContinue reading “What You Should Have Known About Nidhi Finance Company”
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