Nidhi means fund or finance and the main motive of setting of the Nidhi Company is to gain mutual benefits for the society of India. Nidhi Company is like the financial bank where the members belonging to the organization can deposit and take loans. Nidhi companies are registered as the public limited companies and it carries the features of public limited companies. The Nidhi Company of India is helping people to inculcate the habit of saving among the members for their mutual benefits. The Nidhi company registration online can only be registered as Public Company. The minimum capital needed to start the organization is 5 Lakhs. The members should at least be 200. Nidhi Company is a better option for the people who want to starts a financial company. The Nidhi Company falls under the Non-banking Financial Companies. It is relieved from the stringent compliances. Nidhi Company raises loans to the members only if the members provide some securities such ad Gold, Silver, Jeweler, Properties so that when the members fail to repay the money back, this mechanism of keeping the assets protects the money that is paid. Our services also include checking of the company name availability for Nidhi Company Registration online. We also have Nidhi comapany registration consultant in our special team for expert advice for company formation.
First step: Receiving Documents & Apply DIN & DSC 1-2 Days
Second Step: MOA and AOA Drafting electronically in Spice MOA (INC-33) and Spice AOA (INC -34) 5 -8 Days
Third Step- Submission of Spice Form INC-32 along with link Form Spice MOA (INC-33) and Spice AOA (INC-34) 9 to 14 Days
Fourth Step - Certificate of Incorporation, PAN & TAN 15 to 20 Days
QusCan Nidhi Company Issue Preference Share?
AnsGenerally Nidhi Company does not issue any preference share, if it had done before the commencement of Companies Act 2013 , then in such cases the shares shall be paid back to preference shareholder as the accordance of terms of issue of such shares.
QusCan Minor Become a member of Nidhi Company?
AnsNo, a minor cannot be a member but deposits can be made by a legal guardian on the name of the minor. But the legal guardian should be a member of the Nidhi Company.
Here, “Net Owned Funds” means the aggregate of paid up equity share capital and free reserves as reduced by accumulated losses and intangible assets appearing in the last audited balance sheet. Proceeds from issue of preference share shall not be included in Net Owned Funds.