Online Registration For Nidhi Company - Global Jurix (Business Opportunities - Other Business Ads)

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Online Registration For Nidhi Company - Global Jurix


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Nidhi Companies are a type of non-banking financial company (NBFC) recognized under the Companies Act 2013. They are primarily involved in borrowing and lending money among their members within a specific framework. These firms are special financial institutions meant to benefit their members reciprocally since they have special exemptions and loose restrictions regarding their annual compliance obligations and tax assessments. Section 406 of the Companies Act, 2013, the Companies (Nidhi Companies) Rules of 2014, and Chapter XXVI of the Companies Rules, 2014 make up the legal framework that governs Nidhi Companies in India.

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Last Update : Apr 24, 2024 8:06 AM
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Item  Owner  : Global Jurix
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