NDH-4 Approval in 45 Days - All About Nidhi (Amendment) Rules, 2022

By Agam Gupta April 20, 2022

With Nidhi Amendment Rules 2022, government try to simplify the things to get Nidhi company get themselves declared as Nidhi Company by getting their NDH4 Approved within stringent timelines and made themselves complied.

How to convert Nidhi Company into NBFC ?

By Agam Gupta June 15, 2019

Whether Nidhi Company can be converted into a full fledge NBFC? The answer is no. Nidhi Company cannot be converted into a Non-Banking Financial Company, because it is neither feasible nor legally tenable.

E-form - INC 22A ACTIVE - Active Company Tagging Identities And Verification

By Aman Jain February 25, 2019

Company incorporated on or before the 31st December, 2017 are mandated to file the particulars of the company and its registered office in E-Form INC-22A (Active Company Tagging Identities and Verification).

Benefits of Nidhi Company Registration

By Aruna Bhayana June 14, 2018

Nidhi is ‘Treasure’ and in the financial market, however, Nidhi Company means a company which tries to cultivate the habit of saving by accepting deposits and providing loans amongst its members.

How to earn 12.50% interest on Fixed Deposits?

By Paras Mehra January 12, 2018

Let me now explain everything about the FD under Nidhi Company, so that like my chacha ji everyone of you will be able to understand the whole concept and can earn12% on fixed deposits.

Is Microfinance Company registration banned in India?

By Aruna Bhayana January 4, 2018

As per se, microfinance company registration is not banned in India and officially, there is no term or news like banning the micro finance business.

Nidhi Company registration Procedure in India – A Complete Guide as per rules

By Paras Mehra September 21, 2017

Nidhi company registration is one of the kinds of NBFC which do not require the Reserve Bank of India (RBI) approval. Further, it is described as the cheapest form of NBFC which can be formed by any person in India.

Can Nidhi Company do Micro Finance (MFI) business or Give Personal Loans in India?

By Paras Mehra April 17, 2017

Nidhi Companies are not allowed to do a Micro Finance business in India. Micro Finance credit is a type of business which has been specifically assigned to Non Banking Financial Companies (NBFC) with a minimum net owned fund of Rs.5 crore.

Timeline for Company registration India

By Agam Gupta February 16, 2017

Everybody thinks that Registration of company in India is a very tiring and time taking process and requires lots of money to invest. But with the new interventions from the new government the process of registration becomes easier day by day and new step