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The Ultimate Guide to Nidhi Company Registration Online

Nidhi Company belongs to the non-banking Indian finance sector and is acknowledged under section “406” of the Companies Act, 2013. Their core business includes borrowing and lending money between their members. Nidhi Companies are formed to create the habit of saving amongst the members. At One Click Business Solutions, we help you to start your nidhi company today and enhance the habit of saving amongst its members. We are aware of nidhi company registration online procedure to make the registration process in fastest way.

Nidhi Company Registration

Nidhi is Public Limited Company formed with the primary object to carry on the business of accepting deposits and Funds can be accepted /lended by Nidhi Companies only from/ to its members. They are controlled by Ministry of Corporate Affairs, Section “406” of Companies Act 2013 while nidhi companies are governed by Companies Nidhi Companies Rules, 2014.

One of the most important things we have to consider while Nidhi Company Registration is choosing the company name. You must keep the company name according to the guidelines of MCA, and it should be meaningful and something that adds value to the brand.

Requirements for Nidhi Company Registration :-

  • The name should contain “Nidhi Limited”
  • The Nidhi Company which is required to be incorporated shall be a “Public Company”
  • It must possess a minimum paid up equity share capital of Rs. 5,00,000
  • No preference shares should be issued by Nidhi Company. (If such shares had been issued by a Nidhi Company before commencement of this Act already, such preference shares are to be redeemed along with the terms of issue of such shares)
  • The purpose of Nidhi includes making a habit of thrift and saving amongst its members and the services of members are limited also. Professionals are there to incorparate your nidhi Company online and continue its operation effortlessly.

Hopefully, by reading the content you have obtained important information about nidhi company registration online. You may search in the Internet to get more information about the topic.
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