NIDHI rules, 2014: Requirements, Post-incorporation compliances, and certain prohibition
#NidhiCompany #Companylaw #companiesact #corporatelaw #Sec406 #NIDHIScheme #companylawamendment #nidhi A company that is governed by the NIDHI Rules, 2014 and Section 406 of the 2013 Companies Act is referred to as a "NIDHI COMPANY." Such companies must abide by the law regulating Nidhi businesses. The Nidhi Company was only founded in India to encourage its own members to live simply and save money. A Nidhi company is a public limited company that adheres to special rules es