Nidhi Company Registration online means a company which has been registered with the motive of producing the habit of thrift and savings. So, if you have the objective of building the habit of thrift then Nidhi Company is for you. The person who wants to begin a Nidhi Company should be registered under section 620A as per the companies act, 1956. Registration in Nidhi Company requires a minimum of 3 members. Now get your company registered in India from our expert CA/ CS and obtain Nidhi License Online via a fast & easy process.
Also, some activities are banned in a Nidhi Company like a Nidhi Company can’t deal with chit funds, leasing finance, insurance or security business. It is highly prohibited to accept deposits from or lending funds to another person. It means it is allowable to take loans from members and can lend to only members. Moreover, if you need any professional help for starting a business in India, you can approach walk2register consultancy.
Nidhi Company is a Non-Banking Financial Company (NBFC) which is developed with the motive of borrowing and lending money to its members. Nidhi Company is easy to develop because it doesn't need a license from RBI. The company simply works on the principle of mutual benefits.
Make Nidhi Company as your one of the best approach for the people who have the aim to initiate a finance business with low capital investment. The registration process includes the following steps:
To start a Nidhi Company, a person needs seven members out of which three members must be the directors of the company. INC 9 and DIR 2 are mandatory forms to be filed by every applicant under Nidhi Company Registration.
